Topeka Habitat for Humanity Inc

Analysis

Topeka Habitat for Humanity Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in March 1986, 40 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, Topeka Habitat for Humanity Inc reported income of $1.9m and spending of $1.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 122%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Topeka Habitat for Humanity Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within KS. Charities of a similar size with the same main cause include Indigo Education ($1.9m), Boy Scouts of America ($1.9m) and Point Community Development Corporation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $93k (5.2% of expenses). Other salaries and wages came to $494k. At year end it held assets of $3.0m against liabilities of $96k, net assets of $2.9m. It reported 13 employees.