Habitat for Humanity Vail Valley Inc

Analysis

Habitat for Humanity Vail Valley Inc is a registered charity in United States, based in Avon, CO. 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 Vail Valley Inc reported income of $11.5m and spending of $4.2m, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $11.5m (+219%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 64% 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 Vail Valley Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Mercy Health Foundation Oklahoma City ($11.5m), Archbold Expeditions Inc ($11.5m) and Hyacinth Foundation a New Jersey Nonprofit Corporation ($11.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $154k (3.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $20.4m against liabilities of $5.3m, net assets of $15.1m. It reported 27 employees.