Habitat for Humanity Choptank Inc

Analysis

Habitat for Humanity Choptank Inc is a registered charity in United States, based in Trappe, MD. It received its IRS tax-exemption ruling in August 1997, 29 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Habitat for Humanity Choptank Inc reported income of $4.9m and spending of $4.5m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.3m to $4.9m (+109%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 125%. Over the whole period it spent 83% 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 Choptank Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Biophysical Society ($4.9m), The Cooperative Downtown Ministries Incorporated ($4.9m) and Parzival Supports ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $99k (2.2% of expenses). Other salaries and wages came to $859k. At year end it held assets of $10.8m against liabilities of $1.8m, net assets of $9.0m. It reported 30 employees.