Transylvania Habitat for Humanity Inc

Analysis

Transylvania Habitat for Humanity Inc is a registered charity in United States, based in Brevard, NC. It received its IRS tax-exemption ruling in October 1986, 40 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, Transylvania Habitat for Humanity Inc reported income of $1.8m and spending of $842k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $412k to $1.8m (+333%), an average of +44% a year. The sharpest change came in the year to June 2021, when income rose by 201%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transylvania Habitat for Humanity 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 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include The Nashville Chamber Public Benefit Foundation ($1.8m), Future Business Leaders of America- Phi Beta Lambda Inc ($1.8m) and Amish Mennonite Aid Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 38% of the total. Other salaries and wages came to $437k. At year end it held assets of $5.2m against liabilities of $1.3m, net assets of $3.9m. It reported 15 employees.