Habitat For Humanity International Inc
Habitat For Humanity International Inc shows asset growth despite recent operating deficits and rising liabilities.
EIN: 10441147 · Bangor, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $830K |
| Program Spending | 90% |
| Net Assets | $568K |
| Transparency Score | 85/100 |
Is Habitat For Humanity International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Habitat For Humanity International Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Habitat For Humanity International Inc
Habitat For Humanity International Inc (EIN: 10441147) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $1.1M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Habitat For Humanity International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Habitat For Humanity International Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $783K |
| Total Expenses | $830K |
| Surplus / Deficit | $-46,330 |
| Total Assets | $1.1M |
| Total Liabilities | $530K |
| Net Assets | $568K |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 48.3% |
| Months of Reserves | 15.9 months |
Financial Health Grade: B
In 2023, Habitat For Humanity International Inc reported a deficit of $46K with expenses exceeding revenue, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 48.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Habitat For Humanity International Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.1% | +47.8% | +33.7% |
| 2022 | -6.5% | +9.3% | -2.4% |
| 2021 | +66.3% | +21.1% | +6.1% |
| 2020 | -15.6% | +14.4% | +32.6% |
| 2019 | -13.0% | -24.9% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Habitat For Humanity International Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Habitat For Humanity International Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly commendable for a nonprofit of this size and suggests a strong volunteer-driven or highly efficient operational model.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Habitat For Humanity International Inc's IRS 990 filings:
- Operating deficit in the latest filing (202306: Expenses $829,825 > Revenue $783,495)
- Significant increase in liabilities from $24,773 in 2019 to $530,218 in 2023, requiring further scrutiny.
Strengths
The following positive indicators were identified for Habitat For Humanity International Inc:
- Consistent asset growth, reaching $1,097,868 in 2023.
- 0% officer compensation reported across all filings, indicating strong program focus and efficiency.
- Consistent IRS 990 filing history, demonstrating transparency.
- Strong revenue growth in recent years (e.g., $567,425 in 2022 to $783,495 in 2023).
Frequently Asked Questions about Habitat For Humanity International Inc
Is Habitat For Humanity International Inc a legitimate charity?
Habitat For Humanity International Inc (EIN: 10441147) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Habitat For Humanity International Inc spend its money?
Habitat For Humanity International Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Habitat For Humanity International Inc tax-deductible?
Habitat For Humanity International Inc is registered as a tax-exempt nonprofit (EIN: 10441147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Habitat For Humanity International Inc's spending goes to programs?
Habitat For Humanity International Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Habitat For Humanity International Inc located?
Habitat For Humanity International Inc is headquartered in Bangor, Maine and files with the IRS under EIN 10441147.
How many years of IRS 990 filings does Habitat For Humanity International Inc have?
Habitat For Humanity International Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Is Habitat For Humanity International Inc a good charity?
Based on the available data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. While there have been some operating deficits in recent years (e.g., 202306: expenses $829,825 vs. revenue $783,495), its assets have grown steadily, suggesting overall financial stability and effective resource management.
Why have liabilities increased so significantly?
Liabilities have increased substantially from $24,773 in 2019 to $530,218 in 2023. Without further detail from the full IRS 990 forms, it's difficult to pinpoint the exact reasons. This could be due to program-related debt, mortgages on properties, or other operational obligations. It's an area that warrants further investigation to understand its impact on the organization's financial health.
How does the organization sustain itself with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization likely relies heavily on volunteer leadership, or that key leadership roles are compensated through other means not classified as 'officer compensation' on the 990, or that the organization is structured to minimize administrative overhead at the executive level, potentially through a strong board or affiliated entities.
Filing History
IRS 990 filing history for Habitat For Humanity International Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Habitat For Humanity International Inc's revenue has grown by 133.5%, moving from $336K to $783K. Total assets increased by 60.1% over the same period, from $686K to $1.1M. Total functional expenses rose by 239.3%, from $245K to $830K. In its most recent filing year (2023), Habitat For Humanity International Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $530K in liabilities against $1.1M in assets (debt-to-asset ratio: 48.3%), resulting in net assets of $568K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $783K | $830K | $1.1M | $530K | — | View 990 |
| 2022 | $567K | $561K | $821K | $207K | — | View 990 |
| 2021 | $607K | $514K | $842K | $234K | — | View 990 |
| 2020 | $365K | $424K | $794K | $279K | — | — |
| 2019 | $433K | $371K | $598K | $25K | — | View 990 |
| 2018 | $497K | $494K | $541K | $29K | — | View 990 |
| 2017 | $1.2M | $1.1M | $528K | $20K | — | View 990 |
| 2016 | $424K | $337K | $461K | $32K | — | View 990 |
| 2015 | $370K | $225K | $483K | $41K | — | View 990 |
| 2014 | $394K | $471K | $340K | $47K | — | View 990 |
| 2013 | $434K | $466K | $393K | $23K | — | View 990 |
| 2012 | $373K | $363K | $522K | $11K | — | View 990 |
| 2011 | $336K | $245K | $686K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $783K, expenses of $830K, and assets of $1.1M (revenue +38.1% year-over-year).
- 2022: Revenue of $567K, expenses of $561K, and assets of $821K (revenue -6.5% year-over-year).
- 2021: Revenue of $607K, expenses of $514K, and assets of $842K (revenue +66.3% year-over-year).
- 2020: Revenue of $365K, expenses of $424K, and assets of $794K (revenue -15.6% year-over-year).
- 2019: Revenue of $433K, expenses of $371K, and assets of $598K (revenue -13.0% year-over-year).
- 2018: Revenue of $497K, expenses of $494K, and assets of $541K (revenue -59.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $528K (revenue +188.3% year-over-year).
- 2016: Revenue of $424K, expenses of $337K, and assets of $461K (revenue +14.8% year-over-year).
- 2015: Revenue of $370K, expenses of $225K, and assets of $483K (revenue -6.2% year-over-year).
- 2014: Revenue of $394K, expenses of $471K, and assets of $340K (revenue -9.1% year-over-year).
- 2013: Revenue of $434K, expenses of $466K, and assets of $393K (revenue +16.3% year-over-year).
- 2012: Revenue of $373K, expenses of $363K, and assets of $522K (revenue +11.2% year-over-year).
- 2011: Revenue of $336K, expenses of $245K, and assets of $686K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Habitat For Humanity International Inc:
Data Sources and Methodology
This transparency report for Habitat For Humanity International Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.