Is Habitat For Humanity International Inc Legit?

Quick charity verification for Habitat For Humanity International Inc (EIN: 141767037)

Verdict: Habitat For Humanity International Inc appears trustworthy

75/100Mission Score
$2.0MRevenue
$5.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Habitat For Humanity International Inc shows fluctuating financial health over the past decade. While the organization experienced significant revenue growth from $192,015 in 2014 to $2,744,217 in 2023, it also reported expenses exceeding revenue in several periods, notably in 2023 ($3,036,882 expenses vs. $2,744,217 revenue) and 2019 ($796,497 expenses vs. $738,867 revenue). This indicates periods of deficit spending, which could impact long-term sustainability if not managed effectively. The organization's assets have grown substantially from $916,006 in 2014 to $6,074,576 in 2023, suggesting a growing capacity, though liabilities have also increased significantly in recent years, reaching $3,936,254 in 2023. The provided data does not include a detailed breakdown of spending by program, administration, and fundraising, making a precise assessment of spending efficiency challenging. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. Without specific expense categories, it's difficult to fully evaluate how efficiently funds are being directed to their mission. Transparency regarding executive compensation is excellent, with 0% reported. However, the lack of detailed expense breakdowns in the provided summary limits a comprehensive assessment of overall financial transparency and spending efficiency. Further detailed 990 schedules would be needed to fully understand the allocation of expenses.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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