Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Charleston, SC. 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 2024, Habitat for Humanity International Inc reported income of $1.2m and spending of $844k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $700k to $1.2m (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 87% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within SC. Charities of a similar size with the same main cause include New Horizons Elementary School ($1.2m), Hocking Valley Industries Inc ($1.2m) and Battery Dance Corporation ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $68k (8.1% of expenses). Other salaries and wages came to $320k. At year end it held assets of $2.8m against liabilities of $895k, net assets of $1.9m. It reported 19 employees.