Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in January 1987, 39 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 International Inc reported income of $9.6m and spending of $7.8m, spending 81% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $4.3m to $9.6m (+123%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 199%. Over the whole period it spent 86% 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 International Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Commonwealth Foundation for Public Policy Alternatives ($9.6m), Omaha Public Schools Foundation ($9.6m) and Holdrege Memorial Homes Inc ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $490k (6.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $24.8m against liabilities of $9.7m, net assets of $15.1m. It reported 73 employees.