Habitat for Humanity of Metro Louisville Inc

Analysis

Habitat for Humanity of Metro Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1987, 39 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 December 2023, Habitat for Humanity of Metro Louisville Inc reported income of $11.0m and spending of $10.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $11.0m (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 91% 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 Metro Louisville Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include Glenmeadow Inc ($11.0m), St Christophers Inn Inc ($11.0m) and Avenue Community Development Coporation ($11.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $204k (2.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $23.1m against liabilities of $4.2m, net assets of $18.9m. It reported 76 employees.