Habitat for Humanity of Key West and Lower Florida Keys

Analysis

Habitat for Humanity of Key West and Lower Florida Keys is a registered charity in United States, based in Key West, FL. 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 2023, Habitat for Humanity of Key West and Lower Florida Keys reported income of $6.2m and spending of $3.9m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $6.2m (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 194%. Over the whole period it spent 88% 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 Key West and Lower Florida Keys sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Methodist Retirement Communities ($6.2m), CPC Tenant and Building Services Inc ($6.2m) and Housing Works ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 35% of the total. Other salaries and wages came to $244k. At year end it held assets of $10.6m against liabilities of $4.4m, net assets of $6.1m. It reported 8 employees.