Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Kalispell, MT. 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 December 2023, Habitat for Humanity International Inc reported income of $1.3m and spending of $1.4m, spending 112% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $1.8m to $1.3m (-31%), an average of -7.1% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 99% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within MT. Charities of a similar size with the same main cause include Cloverfield-Kingston House ($1.3m), Martin de Porres Foundation ($1.3m) and Clayton Fire Company No 1 Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $127k (9.1% of expenses). Other salaries and wages came to $453k. At year end it held assets of $3.5m against liabilities of $949k, net assets of $2.6m. It reported 27 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.