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Habitat for Humanity of Goldsboro- Wayne Inc

RegisteredEIN 56-2273434Goldsboro, NCHousing and shelter
Income$2.3m2024-06
Spending$2.2msame year
Spent / received80%5-year average
Size in its cause84th pctHousing and shelter
Exempt since1987Publicly supported organisat
Employees14latest return

Analysis

Habitat for Humanity of Goldsboro- Wayne Inc is a registered charity in United States, based in Goldsboro, 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 2024, Habitat for Humanity of Goldsboro- Wayne Inc reported income of $2.3m and spending of $2.2m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $865k to $2.3m (+168%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 177%. Over the whole period it spent 80% 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 Goldsboro- Wayne Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Linden Housing Corporation ($2.3m), Home Energy Efficiency Team Inc ($2.3m) and Rural Housing Development Corporation ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $83k (3.7% of expenses). Other salaries and wages came to $368k. At year end it held assets of $3.9m against liabilities of $927k, net assets of $2.9m. It reported 14 employees.

Income and spending

$0$706k$1.4m$2.1m$2.8m2020 Income: $864,6632020 Spending: $696,04420202021 Income: $1,018,3492021 Spending: $841,37320212022 Income: $1,020,0072022 Spending: $1,037,81820222023 Income: $2,825,5462023 Spending: $1,664,22420232024 Income: $2,318,0852024 Spending: $2,223,4882024
IncomeSpending

Where the income comes from

  • Contributions & grants 21%
  • Program services 78%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Linden Housing CorporationLinden$2.3m
Home Energy Efficiency Team IncBoston$2.3m
Rural Housing Development CorporationProvo$2.3m
Shoreview Senior ResidenceRichfield$2.3m