Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Houston, 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, Habitat for Humanity International Inc reported income of $547k and spending of $604k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $547k (-66%), an average of -23% a year. The sharpest change came in the year to June 2022, when income dropped by 53%. Over the whole period it spent 108% 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 International Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include CBVC ($547k), Pickens County Habitat for Humanity ($547k) and Arctic League Inc ($547k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $119k (20% of expenses). Other salaries and wages came to $163k. At year end it held assets of $2.2m against liabilities of $395k, net assets of $1.8m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.