Albany Area Habitat for Humanity

Analysis

Albany Area Habitat for Humanity is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in April 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Albany Area Habitat for Humanity reported income of $624k and spending of $708k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $661k to $624k (-5.5%), an average of -5.5% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Albany Area Habitat for Humanity sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OR. Charities of a similar size with the same main cause include Threshold Housing Development Inc ($624k), Reisterstown Village Senior Housing Inc ($624k) and Rock Hill Senior Properties Inc ($624k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.6% and program service revenue 89% of the total. Other salaries and wages came to $434k. At year end it held assets of $1.9m against liabilities of $235k, net assets of $1.7m. It reported 12 employees.