Habitat for Humanity of Greater Chattanooga

Analysis

Habitat for Humanity of Greater Chattanooga is a registered charity in United States, based in Chattanooga, 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 Greater Chattanooga reported income of $4.5m and spending of $3.2m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.8m to $4.5m (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 82% 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 Greater Chattanooga sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Habitat for Humanity of Horry County Inc ($4.5m), Coalition for a Better Acre Inc ($4.5m) and New Purpose ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $266k (8.3% of expenses). Other salaries and wages came to $764k. At year end it held assets of $6.4m against liabilities of $478k, net assets of $5.9m. It reported 29 employees.