Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in King, 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 $1.1m and spending of $808k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $172k to $1.1m (+557%), an average of +87% a year. The sharpest change came in the year to June 2021, when income rose by 331%. Over the whole period it spent 81% 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 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Ski Gull Inc ($1.1m), Double Edge Theatre Productions Incorporated ($1.1m) and St Francis of Assisi Residences at Braintree Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $54k (6.7% of expenses). Other salaries and wages came to $221k. At year end it held assets of $1.7m against liabilities of $1.0m, net assets of $677k. It reported 7 employees.