Habitat for Humanity Pennyrile Region Inc

Analysis

Habitat for Humanity Pennyrile Region Inc is a registered charity in United States, based in Madisonville, KY. It received its IRS tax-exemption ruling in May 1991, 35 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, Habitat for Humanity Pennyrile Region Inc reported income of $6.6m and spending of $3.7m, leaving 44% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $818k to $6.6m (+710%), an average of +101% a year. The sharpest change came in the year to June 2023, when income rose by 193%. Over the whole period it spent 65% 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 Pennyrile Region Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Lake Wales Retirement Center Inc ($6.6m), Esperanza Community Housing Corporation ($6.6m) and The Shepherds House ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $151k (4.1% of expenses). Other salaries and wages came to $569k. At year end it held assets of $5.9m against liabilities of $496k, net assets of $5.4m. It reported 15 employees.