Tacoma-Pierce Habitat for Humanity

Analysis

Tacoma-Pierce Habitat for Humanity is a registered charity in United States, based in Tacoma, WA. 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 June 2023, Tacoma-Pierce Habitat for Humanity reported income of $8.5m and spending of $7.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $8.5m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tacoma-Pierce Habitat for Humanity sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Ci University Auxiliary Services Inc ($8.5m), Wartburg Senior Housing Inc ($8.5m) and Catholic Charities Progress of Development Corporation ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $309k (4.3% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $19.3m against liabilities of $8.4m, net assets of $10.9m. It reported 83 employees.