Home Builders Institute

Analysis

Home Builders Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Home Builders Institute reported income of $46.8m and spending of $45.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.4m to $46.8m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Home Builders Institute sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 97th percentile within DC. Charities of a similar size with the same main cause include Goodwill Industries of Eastern North Carolina Inc ($46.6m), Readyone Industries Inc ($46.9m) and Los Angeles Jewish Home for the Aging ($46.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $2.2m (4.9% of expenses). Other salaries and wages came to $20.4m. It paid $121k in professional fundraising fees. At year end it held assets of $18.5m against liabilities of $9.4m, net assets of $9.0m. It reported 389 employees.