Habitat for Humanity Chicago

Analysis

Habitat for Humanity Chicago is a registered charity in United States, based in Chicago, IL. 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 Chicago reported income of $6.1m and spending of $7.1m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $6.1m (+151%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 203%. Over the whole period it spent 89% 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 Chicago sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Wisconsin Balance of State Continuum of Care Inc ($6.1m), Fairview Housing Management ($6.1m) and Community Revitalization and Development Corporation ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $142k (2.0% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $11.7m against liabilities of $6.6m, net assets of $5.1m. It reported 69 employees.