Habitat For Humanity New York Inc
Habitat For Humanity New York Inc consistently spends more than it earns, relying on assets and increasing liabilities.
EIN: 112857055 · New York, NY · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.3M |
| Total Expenses | $7.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $3.2M |
| Transparency Score | 75/100 |
Is Habitat For Humanity New York 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 New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Habitat For Humanity New York Inc
Habitat For Humanity New York Inc (EIN: 112857055) is a nonprofit organization based in New York, NY, classified under NTEE code L20. The organization reported total revenue of $7.3M and total assets of $20.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Habitat For Humanity New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Habitat For Humanity New York Inc is a mid-size nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $7.6M |
| Surplus / Deficit | $-1,923,598 |
| Total Assets | $15.9M |
| Total Liabilities | $12.8M |
| Net Assets | $3.2M |
| Operating Margin | -33.9% |
| Debt-to-Asset Ratio | 80.2% |
| Months of Reserves | 25.2 months |
Financial Health Grade: C
In 2023, Habitat For Humanity New York Inc reported a deficit of $1.9M with expenses exceeding revenue, holds 25.2 months of operating reserves (strong position), has a debt-to-asset ratio of 80.2% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Habitat For Humanity New York Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | -1.7% | +42.2% |
| 2022 | +38.7% | +5.4% | -16.7% |
| 2020 | -1.0% | -5.4% | +8.2% |
| 2019 | -25.4% | -8.3% | -25.5% |
| 2018 | -39.8% | +1.3% | -25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 New York Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Habitat For Humanity New York Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 80.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with assets exceeding $20 million.
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 New York Inc's IRS 990 filings:
- Recurring operational deficits (e.g., $7.6M expenses vs. $5.6M revenue in 2023).
- Significant increase in liabilities over time, from $1.1M in 2015 to $12.7M in 2023.
- Unusual 0% officer compensation reported for an organization of this size and asset base.
Strengths
The following positive indicators were identified for Habitat For Humanity New York Inc:
- Strong asset base, with $20.8M in the latest period.
- Consistent mission focus on housing and shelter (NTEE L20).
- Long filing history (12 filings) indicating established operations.
Frequently Asked Questions about Habitat For Humanity New York Inc
Is Habitat For Humanity New York Inc a legitimate charity?
Habitat For Humanity New York Inc (EIN: 112857055) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $7.3M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Habitat For Humanity New York Inc spend its money?
Habitat For Humanity New York Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Habitat For Humanity New York Inc tax-deductible?
Habitat For Humanity New York Inc is registered as a tax-exempt nonprofit (EIN: 112857055). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Habitat For Humanity New York Inc CEO make?
Habitat For Humanity New York Inc's highest-compensated officer earns $20 annually. The organization reported $7.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Habitat For Humanity New York Inc's spending goes to programs?
Habitat For Humanity New York Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Habitat For Humanity New York Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Habitat For Humanity New York Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Habitat For Humanity New York Inc located?
Habitat For Humanity New York Inc is headquartered in New York, New York and files with the IRS under EIN 112857055. It is classified under NTEE code L20.
How many years of IRS 990 filings does Habitat For Humanity New York Inc have?
Habitat For Humanity New York Inc has 12 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 $7.3M in total revenue.
Is Habitat For Humanity New York Inc financially sustainable given its recurring deficits?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $7.6M expenses vs. $5.6M revenue in 2023), leading to operational deficits. While it has substantial assets ($20.8M), the increasing liabilities ($12.7M in 2023) suggest a potential long-term sustainability challenge if this trend continues without significant revenue growth or expense reduction.
How does the 0% officer compensation impact the organization's operations?
The reported 0% officer compensation across all filings is highly unusual for an organization of this scale. It could indicate that executive leadership is compensated by an affiliated entity, or that key leadership roles are filled by volunteers, which could impact operational capacity and professional management.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, reaching a high of $24.4M in 2015 and currently at $20.8M. Liabilities have shown a significant upward trend, increasing from $1.1M in 2015 to $12.7M in 2023, which is a substantial increase relative to assets and warrants scrutiny.
Filing History
IRS 990 filing history for Habitat For Humanity New York Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Habitat For Humanity New York Inc's revenue has declined by 49.8%, moving from $11.3M to $5.7M. Total assets decreased by 52.2% over the same period, from $33.4M to $15.9M. Total functional expenses fell by 51.8%, from $15.8M to $7.6M. In its most recent filing year (2023), Habitat For Humanity New York Inc reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $12.8M in liabilities against $15.9M in assets (debt-to-asset ratio: 80.2%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.7M | $7.6M | $15.9M | $12.8M | — | View 990 |
| 2022 | $5.8M | $7.7M | $11.2M | $8.2M | — | View 990 |
| 2020 | $4.2M | $7.3M | $13.5M | $8.0M | — | View 990 |
| 2019 | $4.2M | $7.8M | $12.4M | $5.9M | — | View 990 |
| 2018 | $5.7M | $8.5M | $16.7M | $4.7M | — | View 990 |
| 2017 | $9.4M | $8.4M | $22.4M | $3.7M | — | View 990 |
| 2016 | $6.2M | $7.4M | $24.0M | $3.3M | — | View 990 |
| 2015 | $6.9M | $6.5M | $24.4M | $1.1M | — | View 990 |
| 2014 | $5.9M | $6.3M | $14.4M | $1.6M | — | View 990 |
| 2013 | $7.1M | $4.1M | $9.7M | $3.9M | — | View 990 |
| 2012 | $6.8M | $10.5M | $12.9M | $10.0M | — | View 990 |
| 2011 | $11.3M | $15.8M | $33.4M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.7M, expenses of $7.6M, and assets of $15.9M (revenue -2.3% year-over-year).
- 2022: Revenue of $5.8M, expenses of $7.7M, and assets of $11.2M (revenue +38.7% year-over-year).
- 2020: Revenue of $4.2M, expenses of $7.3M, and assets of $13.5M (revenue -1.0% year-over-year).
- 2019: Revenue of $4.2M, expenses of $7.8M, and assets of $12.4M (revenue -25.4% year-over-year).
- 2018: Revenue of $5.7M, expenses of $8.5M, and assets of $16.7M (revenue -39.8% year-over-year).
- 2017: Revenue of $9.4M, expenses of $8.4M, and assets of $22.4M (revenue +52.1% year-over-year).
- 2016: Revenue of $6.2M, expenses of $7.4M, and assets of $24.0M (revenue -10.3% year-over-year).
- 2015: Revenue of $6.9M, expenses of $6.5M, and assets of $24.4M (revenue +17.1% year-over-year).
- 2014: Revenue of $5.9M, expenses of $6.3M, and assets of $14.4M (revenue -17.0% year-over-year).
- 2013: Revenue of $7.1M, expenses of $4.1M, and assets of $9.7M (revenue +5.3% year-over-year).
- 2012: Revenue of $6.8M, expenses of $10.5M, and assets of $12.9M (revenue -40.3% year-over-year).
- 2011: Revenue of $11.3M, expenses of $15.8M, and assets of $33.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Habitat For Humanity New York Inc:
Data Sources and Methodology
This transparency report for Habitat For Humanity New York 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.