Habitat for Humanity of Metro Denver Inc

Analysis

Habitat for Humanity of Metro Denver Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1979, 47 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 of Metro Denver Inc reported income of $29.7m and spending of $28.7m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $22.7m to $29.7m (+31%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 81% 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 of Metro Denver Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include The Sheltering Arms ($29.6m), Ascension Living Carroll Manor ($29.7m) and Saint Mary Home Incorporated ($29.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $1.2m (4.0% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $75.8m against liabilities of $19.8m, net assets of $56.0m. It reported 181 employees.