Habitat for Humanity

Analysis

Habitat for Humanity is a registered charity in United States, based in Hendersonvlle, 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 2023, Habitat for Humanity reported income of $3.7m and spending of $3.0m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.3m to $3.7m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2020, when income dropped by 41%. Over the whole period it spent 96% 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 sits at the 90th percentile: it is larger than about 90% 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 Manufacturers Resource Center ($3.7m), Muskogee Organization Narcotic & Alcohol Referral Counseling Help ($3.7m) and St Luke Institute Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $111k (3.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $16.5m against liabilities of $6.6m, net assets of $9.9m. It reported 57 employees.