Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Newport, 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 International Inc reported income of $1.0m and spending of $980k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $834k to $1.0m (+22%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 88% 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Arc California ($1.0m), Centro Humanitario Para Los Trabajadores ($1.0m) and The Mission of Winter Haven Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $57k (5.8% of expenses). Other salaries and wages came to $322k. At year end it held assets of $3.0m against liabilities of $460k, net assets of $2.6m. It reported 21 employees.