Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Charlottesvle, 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 $16.7m and spending of $15.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $16.7m (+147%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 102%. Over the whole period it spent 77% 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 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Mile High Montessori Early Learning Centers ($16.7m), Princeton Homecare Services LLC ($16.7m) and United Methodist Church Methodist Publishing House ($16.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $356k (2.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $49.1m against liabilities of $25.1m, net assets of $24.0m. It reported 70 employees.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 41%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mile High Montessori Early Learning Centers | Denver | $16.7m |
| Princeton Homecare Services LLC | Orlando | $16.7m |
| United Methodist Church Methodist Publishing House | Nashville | $16.7m |
| Midstate Arc Inc | Meriden | $16.7m |