Habitat for Humanity of Greater Nashville
Analysis
Habitat for Humanity of Greater Nashville is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 1995, 31 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 of Greater Nashville reported income of $27.2m and spending of $22.7m, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $21.7m to $27.2m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 84% 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 Greater Nashville sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Sunrise Childrens Services Inc ($27.2m), Visiting Nurse Association and Hospice of Western New England Inc ($27.2m) and Kidstlc Inc ($27.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $507k (2.2% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $86.5m against liabilities of $43.6m, net assets of $42.9m. It reported 88 employees.
Income and spending
Where the income comes from
- Contributions & grants 47%
- Program services 48%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sunrise Childrens Services Inc | Mt Washington | $27.2m |
| Visiting Nurse Association and Hospice of Western New England Inc | W Springfield | $27.2m |
| Kidstlc Inc | Olathe | $27.2m |
| Western North Carolina Community Health Services Inc | Asheville | $27.3m |