Rio Grande Habitat for Humanity

Analysis

Rio Grande Habitat for Humanity is a registered charity in United States, based in McAllen, TX. 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, Rio Grande Habitat for Humanity reported income of $654k and spending of $808k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $654k (-61%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rio Grande Habitat for Humanity sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Friends of the St Lawrence Church ($654k), Agape Raymondville Properties Inc ($654k) and Daily Living Ministries Inc ($654k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $75k (9.3% of expenses). Other salaries and wages came to $397k. At year end it held assets of $2.3m against liabilities of $938k, net assets of $1.4m. It reported 22 employees.