Habitat for Humanity International

Analysis

Habitat for Humanity International is a registered charity in United States, based in Mount Vernon, 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 reported income of $1.2m and spending of $1.3m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.2m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 87%. Over the whole period it spent 86% 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 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 81st percentile within WA. Charities of a similar size with the same main cause include Alim Academy Inc ($1.2m), Trustees of the Berkshire Athenaeum ($1.2m) and Iaa Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $121k (9.3% of expenses). Other salaries and wages came to $560k. At year end it held assets of $3.5m against liabilities of $255k, net assets of $3.3m. It reported 29 employees.