Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Lynnwood, WA. 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 $1.9m and spending of $2.0m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.9m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 100% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.9m), United Way of San Joaquin County ($1.9m) and Dove House Advocacy Services ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $102k (5.1% of expenses). Other salaries and wages came to $686k. It paid $6,341 in professional fundraising fees. At year end it held assets of $4.3m against liabilities of $2.2m, net assets of $2.1m. It reported 19 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.