Habitat for Humanity of Durham Inc

Analysis

Habitat for Humanity of Durham Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in July 1988, 38 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, Habitat for Humanity of Durham Inc reported income of $9.0m and spending of $7.3m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.8m to $9.0m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 82% 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 Durham Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Ashwell ($9.0m), Helping Hands Food Bank of Sedro Woolley ($9.0m) and Beit Tshuvah ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $187k (2.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $22.2m against liabilities of $3.5m, net assets of $18.7m. It reported 35 employees.