Habitat for Humanity

Analysis

Habitat for Humanity is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 1987, 39 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 June 2023, Habitat for Humanity reported income of $3.4m and spending of $2.3m, leaving 34% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $3.4m (+30%), an average of +9.0% a year. 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, Habitat for Humanity sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include Iccf Nonprofit Housing Corporation ($3.4m), Micah House Corporation ($3.4m) and Early Learning Property Management Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $171k (7.6% of expenses). Other salaries and wages came to $868k. At year end it held assets of $10.6m against liabilities of $1.2m, net assets of $9.3m. It reported 35 employees.