Fort Worth Area Habitat for Humanity Inc

Analysis

Fort Worth Area Habitat for Humanity Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in January 2023, 3 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 December 2023, Fort Worth Area Habitat for Humanity Inc reported income of $19.9m and spending of $16.7m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.6m to $19.9m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fort Worth Area 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 Foresight Affordable Housing Inc ($19.9m), Habitat for Humanity International Inc ($19.9m) and Hubbard Hill Estates Inc ($19.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $459k (2.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $49.2m against liabilities of $2.5m, net assets of $46.8m. It reported 71 employees.