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Habitat for Humanity International Inc

RegisteredEIN 56-1678395Concord, NCHousing and shelter
Income$3.4m2023-06
Spending$3.1msame year
Spent / received95%5-year average
Size in its cause88th pctHousing and shelter
Exempt since1987Publicly supported organisat
Employees23latest return

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Concord, 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 International Inc reported income of $3.4m and spending of $3.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $3.4m (+141%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 147%. Over the whole period it spent 95% 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 International 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 Seven Corners Community Housing Corporation ($3.4m), Metropolitan Property Management Inc ($3.4m) and Citizens Housing & Planning Association Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $109k (3.5% of expenses). Other salaries and wages came to $387k. At year end it held assets of $4.8m against liabilities of $770k, net assets of $4.0m. It reported 23 employees.

Income and spending

$0$855k$1.7m$2.6m$3.4m2019 Income: $1,419,3652019 Spending: $1,265,37720192020 Income: $1,624,5942020 Spending: $1,461,23020202021 Income: $1,792,7042021 Spending: $1,982,72820212022 Income: $1,386,5662022 Spending: $1,363,15720222023 Income: $3,421,6702023 Spending: $3,120,2552023
IncomeSpending

Where the income comes from

  • Contributions & grants 57%
  • Program services 42%
  • Other 0.8%

Similar-sized charities, same cause

CharityLocationIncome
Seven Corners Community Housing CorporationMinneapolis$3.4m
Metropolitan Property Management IncWashington$3.4m
Citizens Housing & Planning Association IncBoston$3.4m
Minnesota Home Ownership CenterSt Paul$3.4m