Habitat for Humanity of Greater Greensboro Inc

Analysis

Habitat for Humanity of Greater Greensboro Inc is a registered charity in United States, based in Greensboro, 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 of Greater Greensboro Inc reported income of $3.7m and spending of $3.3m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.6m to $3.7m (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 100% 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 of Greater Greensboro Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Winter Valley Residences Incorporated ($3.7m), Reclaim Housing Development Fund Corporation ($3.7m) and Central Florida Dreamplex Foundation Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $367k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $10.7m against liabilities of $1.6m, net assets of $9.1m. It reported 43 employees.