Austin Habitat for Humanity Inc

Analysis

Austin Habitat for Humanity Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1985, 41 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 December 2023, Austin Habitat for Humanity Inc reported income of $21.4m and spending of $22.7m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.3m to $21.4m (+90%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Austin Habitat for Humanity 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 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Cazenovia Recovery Systems Inc ($21.4m), Lutheran Social Services of the Virgin Islands Inc ($21.4m) and Habitat for Humanity International Inc ($21.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $929k (4.1% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $54.5m against liabilities of $22.7m, net assets of $31.8m. It reported 225 employees.