Habitat for Humanity Greater Salt Lake Area

Analysis

Habitat for Humanity Greater Salt Lake Area is a registered charity in United States, based in Salt Lake Cty, UT. 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 Greater Salt Lake Area reported income of $2.8m and spending of $3.3m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.8m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 104% 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 Greater Salt Lake Area 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 88th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Revitalize Community Development Corporation ($2.8m), Campaign for Accountability Inc ($2.8m) and Britepaths Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $154k (4.7% of expenses). Other salaries and wages came to $826k. It paid $19k in professional fundraising fees. At year end it held assets of $6.9m against liabilities of $3.7m, net assets of $3.2m. It reported 31 employees.