Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Fremont, NE. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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 for Humanity International Inc reported income of $1.3m and spending of $1.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-9.5%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 93% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Habitat for Humanity International Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NE. Charities of a similar size with the same main cause include Camden Lutheran Housing Corporation ($1.3m), Greater Norfolk Economic Development Foundation Inc ($1.3m) and Louisiana Mental Health Association ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $70k (6.1% of expenses). Other salaries and wages came to $186k. At year end it held assets of $3.5m against liabilities of $170k, net assets of $3.3m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 46%
- Program services 51%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Camden Lutheran Housing Corporation | Camden | $1.3m |
| Greater Norfolk Economic Development Foundation Inc | Norfolk | $1.3m |
| Louisiana Mental Health Association | Baton Rouge | $1.3m |
| Victory Village Inc | Jackson | $1.3m |