Habitat for Humanity of Anderson Inc

Analysis

Habitat for Humanity of Anderson Inc is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in June 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 of Anderson Inc reported income of $2.0m and spending of $1.7m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.0m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 86% 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 of Anderson Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Lake Lundgren Bible Camp Inc ($2.0m), Camp Quality USA Incorporated ($2.0m) and Pajaro Valley Loaves and Fishes Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $68k (3.9% of expenses). Other salaries and wages came to $357k. At year end it held assets of $4.3m against liabilities of $58k, net assets of $4.3m. It reported 25 employees.