Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Bridgewater, VA. It received its IRS tax-exemption ruling in January 1987, 39 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 June 2023, Habitat for Humanity International Inc reported income of $2.7m and spending of $1.5m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.7m (+136%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 76% 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 International Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.7m), Saginaw-Shiawassee Habitat for Humanity ($2.7m) and The Society of St Vincent de Paul of Philadelphia ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $82k (5.4% of expenses). Other salaries and wages came to $363k. At year end it held assets of $4.4m against liabilities of $272k, net assets of $4.1m. It reported 20 employees.