Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Fredericksbrg, VA. 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 $1.2m and spending of $1.3m, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.6m to $1.2m (-25%), an average of -5.7% a year. The sharpest change came in the year to June 2024, when income dropped by 30%. Over the whole period it spent 100% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Columbia Economic Development Corporation ($1.2m), Tomball Emergency Assistance Ministries Inc ($1.2m) and Active Faith ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $168k (13% of expenses). Other salaries and wages came to $545k. At year end it held assets of $3.8m against liabilities of $2.7m, net assets of $1.0m. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.