Habitat for Humanity of Catawba Valley Inc

Analysis

Habitat for Humanity of Catawba Valley Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Catawba Valley Inc reported income of $3.6m and spending of $4.5m, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $3.6m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 133%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habitat for Humanity of Catawba Valley Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Shelter Providers of Southern California Inc ($3.6m), Senior Citizens Village ($3.6m) and California Yimby Education Fund ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 68% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $5.5m against liabilities of $2.8m, net assets of $2.7m. It reported 28 employees.