Is Habitat For Humanity International Inc Legit?

Habitat For Humanity International Inc, based in Bath, ME, demonstrates a generally healthy financial trajectory with consistent revenue growth in recent years. In the 202306 period, the organization reported revenues of $938,718 against expenses of $566,541, indicating a significant surplus that contributes to asset growth. The organization's assets have shown substantial growth, nearly doubling from $1,185,536 in 202206 to $2,164,236 currently, which suggests effective financial management and accumulation of resources for its mission. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health appears robust. The organization's liabilities have fluctuated but remain manageable relative to its assets. For instance, in 202306, liabilities were $631,845 against assets of $2,063,434, indicating a strong asset-to-liability ratio. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency, suggesting that executive leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' in these summaries, which could be a positive indicator of resource allocation directly to mission-related activities. However, without detailed expense breakdowns, a precise assessment of spending efficiency is challenging.