Habitat for Humanity of Morgan County Inc
Analysis
Habitat for Humanity of Morgan County Inc is a registered charity in United States, based in Madison, GA. 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 Morgan County Inc reported income of $71k and spending of $18k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $71k (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 32% 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 Morgan County Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within GA. Charities of a similar size with the same main cause include Schaadt Apartment Corporation ($71k), Raimo Residence ($71k) and Abcap Housing M Inc ($71k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. At year end it held assets of $837k against liabilities of -$35k, net assets of $872k.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 0.6%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Schaadt Apartment Corporation | Merrillville | $71k |
| Raimo Residence | San Diego | $71k |
| Abcap Housing M Inc | Georgetown | $71k |
| Elevare Community | Los Angeles | $71k |