Habitat for Humanity-Coosa Valley Inc

Analysis

Habitat for Humanity-Coosa Valley Inc is a registered charity in United States, based in Rome, GA. 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-Coosa Valley Inc reported income of $582k and spending of $455k, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $313k to $582k (+86%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 125%. Over the whole period it spent 94% 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-Coosa Valley Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Angels of Long Island Inc ($582k), Black Hawk East College Foundation ($582k) and Trident Literacy Association Inc ($582k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $71k (16% of expenses). Other salaries and wages came to $155k. At year end it held assets of $1.6m against liabilities of $42k, net assets of $1.6m. It reported 18 employees.