Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Asheville, NC. 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 $11.3m and spending of $9.0m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $11.3m (+72%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 103%. Over the whole period it spent 74% 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 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Alamo Area Mutual Housing Association Inc ($11.3m), Green Energy Consumers Alliance Inc ($11.3m) and Harwood Place Inc ($11.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $229k (2.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $35.4m against liabilities of $9.9m, net assets of $25.5m. It reported 83 employees.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Program services 42%
- Other 9.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alamo Area Mutual Housing Association Inc | San Antonio | $11.3m |
| Green Energy Consumers Alliance Inc | Cambridge | $11.3m |
| Harwood Place Inc | Wauwatosa | $11.3m |
| Moorings Park Institute Incorporated | Naples | $11.3m |