Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Habitat for Humanity International Inc reported income of $7.4m and spending of $8.0m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.1m to $7.4m (+44%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habitat for Humanity International Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Stewards of Affordable Housing for the Future ($7.4m), East County Transitional Living Center Inc ($7.4m) and Pacific House Inc ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $138k (1.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $16.0m against liabilities of $3.8m, net assets of $12.2m. It reported 61 employees.