Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Norfolk, 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 2024, Habitat for Humanity International Inc reported income of $3.9m and spending of $3.7m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.5m to $3.9m (+158%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 56%. Over the whole period it spent 82% 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 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Kalamazoo Neighborhood Housing Services Inc ($3.9m), Management Services Inc ($3.9m) and Village Square Housing Corporation ($3.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $70k (1.9% of expenses). Other salaries and wages came to $950k. At year end it held assets of $6.7m against liabilities of $948k, net assets of $5.7m. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Program services 50%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kalamazoo Neighborhood Housing Services Inc | Kalamazoo | $3.9m |
| Management Services Inc | Northglenn | $3.9m |
| Village Square Housing Corporation | Portland | $3.9m |
| Pratt Area Community Council Inc | Brooklyn | $3.9m |