Habitat Housing Solutions Inc

Analysis

Habitat Housing Solutions Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in November 2014, 12 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 December 2023, Habitat Housing Solutions Inc reported income of $477k and spending of $51k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $477k (+555%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 15575%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habitat Housing Solutions Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Accessible Housing Austin ($477k), Judys Hope Foundation ($477k) and Egida Ryder Inc ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,650 (9.2% of expenses). At year end it held assets of $49k against liabilities of $30k, net assets of $19k.