Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Anchorage, AK. 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 $3.1m and spending of $1.5m, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $3.1m (+97%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 106%. Over the whole period it spent 88% 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 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within AK. Charities of a similar size with the same main cause include St Louis Center for International Relations ($3.1m), Reality House Inc ($3.1m) and Morrissey-Compton Educational Center ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $89k (6.1% of expenses). Other salaries and wages came to $547k. At year end it held assets of $6.6m against liabilities of $1.5m, net assets of $5.1m. It reported 20 employees.