Habitat for Humanity of Greater Miami Inc

Analysis

Habitat for Humanity of Greater Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2011, 15 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 of Greater Miami Inc reported income of $11.2m and spending of $9.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.1m to $11.2m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 103%. Over the whole period it spent 69% 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 Miami 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 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Coburg Village Inc ($11.2m), Westside Health Authority ($11.2m) and Housing and Neighborhood Development Services of Central ($11.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $216k (2.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $46.3m against liabilities of $8.3m, net assets of $38.0m. It reported 33 employees.