Garrett County Habitat for Humanity Inc

Analysis

Garrett County Habitat for Humanity Inc is a registered charity in United States, based in Oakland, MD. It received its IRS tax-exemption ruling in March 1984, 42 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, Garrett County Habitat for Humanity Inc reported income of $302k and spending of $273k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $424k to $302k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income rose by 46%. 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, Garrett County Habitat for Humanity Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Local 46 Training Program Trust ($302k), Shasta County Arts Council ($302k) and Rhode Island Association of School Committees ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 125% of the total. Compensation of current officers, directors and key employees was $58k (21% of expenses). Other salaries and wages came to $74k. At year end it held assets of $2.3m against liabilities of $34k, net assets of $2.2m. It reported 6 employees.