Greater Birmingham Habitat for Humanity Inc
Analysis
Greater Birmingham Habitat for Humanity Inc is a registered charity in United States, based in Fairfield, AL. It received its IRS tax-exemption ruling in March 2020, 6 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, Greater Birmingham Habitat for Humanity Inc reported income of $12.1m and spending of $9.2m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $12.1m (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 81% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Birmingham Habitat for Humanity Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Housing Opportunity Corporation ($12.0m), Harborlight Community Partners ($12.1m) and Central Ohio Community Land Trust ($12.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $265k (2.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $38.8m against liabilities of $2.8m, net assets of $36.1m. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Program services 53%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Housing Opportunity Corporation | Los Angeles | $12.0m |
| Harborlight Community Partners | Beverly | $12.1m |
| Central Ohio Community Land Trust | Columbus | $12.0m |
| Living Independently Forever Inc | Hyannis | $12.1m |