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Habitat for Humanity Internal Inc

RegisteredEIN 56-1555858Wilmington, NCHousing and shelter
Income$6.8m2024-06
Spending$6.4msame year
Spent / received84%5-year average
Size in its cause93rd pctHousing and shelter
Exempt since1987Publicly supported organisat
Employees103latest return

Analysis

Habitat for Humanity Internal Inc is a registered charity in United States, based in Wilmington, 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 2024, Habitat for Humanity Internal Inc reported income of $6.8m and spending of $6.4m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.2m to $6.8m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 84% 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 Internal Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Caritas ($6.8m), Addison County Community Trust ($6.8m) and Residential Support Services ($6.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $124k (1.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $22.7m against liabilities of $9.3m, net assets of $13.4m. It reported 103 employees.

Income and spending

$0$1.8m$3.6m$5.5m$7.3m2020 Income: $5,225,2942020 Spending: $3,835,14020202021 Income: $6,800,2062021 Spending: $6,561,54820212022 Income: $7,269,1232022 Spending: $6,689,57220222023 Income: $7,177,3042023 Spending: $4,706,14920232024 Income: $6,836,5652024 Spending: $6,356,0542024
IncomeSpending

Where the income comes from

  • Contributions & grants 56%
  • Program services 44%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
CaritasRichmond$6.8m
Addison County Community TrustVergennes$6.8m
Residential Support ServicesBillings$6.8m
Mount Baker Housing AssociationSeattle$6.8m