Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Raleigh, NC. 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 2024, Habitat for Humanity International Inc reported income of $36.5m and spending of $33.7m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $26.0m to $36.5m (+40%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 98% 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 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Trace Inc ($36.4m), Goodwill Industries of Kanawha Valley Inc ($36.5m) and Vista Maria ($36.3m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $396k (1.2% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $59.0m against liabilities of $24.9m, net assets of $34.1m. It reported 189 employees.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 55%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trace Inc | Boise | $36.4m |
| Goodwill Industries of Kanawha Valley Inc | Charleston | $36.5m |
| Vista Maria | Dearborn HTS | $36.3m |
| Central Florida Family Health Center Inc | Sanford | $36.5m |