Habitat for Humanity of Cleveland

Analysis

Habitat for Humanity of Cleveland is a registered charity in United States, based in Cleveland, TN. 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 2024, Habitat for Humanity of Cleveland reported income of $2.8m and spending of $2.9m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.1m to $2.8m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 72% 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 Cleveland sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Pueblo Unido CDC ($2.8m), Housing Visions Unlimited Inc ($2.8m) and Mercy Housing Midwest ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 68% of the total. Other salaries and wages came to $441k. At year end it held assets of $7.9m against liabilities of $1.3m, net assets of $6.6m. It reported 36 employees.