Habitat for Humanity of Pinellas

Analysis

Habitat for Humanity of Pinellas is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in August 1985, 41 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 Pinellas reported income of $32.5m and spending of $28.7m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.6m to $32.5m (+75%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 52%. 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 Pinellas sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Program Development Services Inc ($32.5m), Samaritan House ($32.5m) and Urban Justice Center ($32.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $805k (2.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $43.3m against liabilities of $12.3m, net assets of $30.9m. It reported 100 employees.