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Habitat for Humanity International Inc

RegisteredEIN 46-0410933Rapid City, SDHousing and shelter
Income$3.8m2023-06
Spending$3.1msame year
Spent / received74%4-year average
Size in its cause89th pctHousing and shelter
Exempt since1987Publicly supported organisat
Employees41latest return

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Habitat for Humanity International Inc reported income of $3.8m and spending of $3.1m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $3.8m (+103%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habitat for Humanity International Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within SD. Charities of a similar size with the same main cause include Westwood Senior Housing Corp ($3.8m), Echo Housing Corporation ($3.8m) and Community Housing Solutions of Guilford Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $239k (7.6% of expenses). Other salaries and wages came to $647k. At year end it held assets of $7.6m against liabilities of $1.0m, net assets of $6.6m. It reported 41 employees.

Income and spending

$0$1.2m$2.4m$3.5m$4.7m2020 Income: $1,859,1612020 Spending: $2,130,57320202021 Income: $3,280,1002021 Spending: $1,963,43720212022 Income: $4,711,8862022 Spending: $2,782,84420222023 Income: $3,772,0652023 Spending: $3,135,2982023
IncomeSpending

Where the income comes from

  • Contributions & grants 53%
  • Program services 41%
  • Other 5.6%

Similar-sized charities, same cause

CharityLocationIncome
Westwood Senior Housing CorpWestwood$3.8m
Echo Housing CorporationEvansville$3.8m
Community Housing Solutions of Guilford IncGreensboro$3.8m
Communities ResistBrooklyn$3.8m