Highland Lakes Habitat for Humanity

Analysis

Highland Lakes Habitat for Humanity is a registered charity in United States, based in Marble Falls, TX. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Highland Lakes Habitat for Humanity reported income of $99k and spending of $12k, leaving 88% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $89k to $99k (+11%), an average of +2.1% a year. The sharpest change came in the year to June 2024, when income rose by 127%. Over the whole period it spent 19% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Highland Lakes Habitat for Humanity sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Butler Rural Community Connection Inc ($99k), Soroptimist International of Oak Harbor Foundation ($99k) and Toledo Choral Society Inc ($99k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 7.6% of the total. At year end it held assets of $1.2m against liabilities of $18k, net assets of $1.1m.