Habitat For Humanity Of Coastal Fairfield County Inc
Habitat For Humanity of Coastal Fairfield County: Strong Mission, Volatile Revenue
EIN: 222597077 · Stratford, CT · NTEE: L20Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $5.4M |
| Program Spending | 85% |
| Net Assets | $13.7M |
| Transparency Score | 85/100 |
Is Habitat For Humanity Of Coastal Fairfield County 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 Of Coastal Fairfield County Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Habitat For Humanity Of Coastal Fairfield County Inc
Habitat For Humanity Of Coastal Fairfield County Inc (EIN: 222597077) is a nonprofit organization based in Stratford, CT, classified under NTEE code L20Z. The organization reported total revenue of $7.0M and total assets of $22.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Habitat For Humanity Of Coastal Fairfield County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Habitat For Humanity Of Coastal Fairfield County Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $5.4M |
| Surplus / Deficit | +$409K |
| Total Assets | $20.7M |
| Total Liabilities | $7.1M |
| Net Assets | $13.7M |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 34.0% |
| Months of Reserves | 46.2 months |
Financial Health Grade: A
In 2023, Habitat For Humanity Of Coastal Fairfield County Inc reported a surplus of $409K with revenue exceeding expenses, holds 46.2 months of operating reserves (strong position), has a debt-to-asset ratio of 34.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Habitat For Humanity Of Coastal Fairfield County Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.4% | -15.0% | +6.0% |
| 2022 | +110.6% | +26.4% | +78.8% |
| 2021 | +41.0% | +15.1% | +6.5% |
| 2020 | -28.3% | -30.7% | -9.5% |
| 2019 | +2.5% | +26.8% | -13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Of Coastal Fairfield County 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Habitat For Humanity Of Coastal Fairfield County 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 surplus of $409K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.0%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags indicating excessive pay.
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 Of Coastal Fairfield County Inc's IRS 990 filings:
- Significant revenue volatility observed, with a drop from $12,169,324 in 2022 to $5,792,315 in 2023, which could impact future program stability.
Strengths
The following positive indicators were identified for Habitat For Humanity Of Coastal Fairfield County Inc:
- Consistently strong program spending, indicating a focus on mission delivery.
- Healthy asset base of $20,728,091 in 2023 provides financial stability.
Frequently Asked Questions about Habitat For Humanity Of Coastal Fairfield County Inc
Is Habitat For Humanity Of Coastal Fairfield County Inc a legitimate charity?
Habitat For Humanity Of Coastal Fairfield County Inc (EIN: 222597077) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.0M. 1 red flag identified. 2 strengths noted. Financial health grade: A.
How does Habitat For Humanity Of Coastal Fairfield County Inc spend its money?
Habitat For Humanity Of Coastal Fairfield County 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 Of Coastal Fairfield County Inc tax-deductible?
Habitat For Humanity Of Coastal Fairfield County Inc is registered as a tax-exempt nonprofit (EIN: 222597077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Habitat For Humanity Of Coastal Fairfield County Inc's spending goes to programs?
Habitat For Humanity Of Coastal Fairfield County Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Habitat For Humanity Of Coastal Fairfield County Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Habitat For Humanity Of Coastal Fairfield County Inc is above average for NTEE category L20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Habitat For Humanity Of Coastal Fairfield County Inc located?
Habitat For Humanity Of Coastal Fairfield County Inc is headquartered in Stratford, Connecticut and files with the IRS under EIN 222597077. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Habitat For Humanity Of Coastal Fairfield County Inc have?
Habitat For Humanity Of Coastal Fairfield County 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 $7.0M in total revenue.
What does Habitat For Humanity Of Coastal Fairfield County Inc do?
Habitat For Humanity Of Coastal Fairfield County Inc is a nonprofit organization in the Housing & Shelter sector, located in Stratford, Connecticut. It is classified under NTEE code L20Z.
How much revenue does Habitat For Humanity Of Coastal Fairfield County Inc have?
Habitat For Humanity Of Coastal Fairfield County Inc reported total revenue of $7,033,708. Based on 13 IRS 990 filings on record.
What are Habitat For Humanity Of Coastal Fairfield County Inc's total assets?
Habitat For Humanity Of Coastal Fairfield County Inc holds total assets of $22,108,252 as reported in IRS 990 filings.
Where is Habitat For Humanity Of Coastal Fairfield County Inc located?
Habitat For Humanity Of Coastal Fairfield County Inc is based in Stratford, Connecticut.
What is Habitat For Humanity Of Coastal Fairfield County Inc's EIN?
Habitat For Humanity Of Coastal Fairfield County Inc's Employer Identification Number (EIN) is 222597077. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Habitat For Humanity Of Coastal Fairfield County Inc?
Habitat For Humanity Of Coastal Fairfield County Inc is classified under NTEE code L20Z (Housing & Shelter).
Is Habitat For Humanity Of Coastal Fairfield County Inc a registered 501(c)(3)?
Yes, Habitat For Humanity Of Coastal Fairfield County Inc is recognized as a tax-exempt organization by the IRS. EIN: 222597077.
Does Habitat For Humanity Of Coastal Fairfield County Inc file IRS Form 990?
Yes, Habitat For Humanity Of Coastal Fairfield County Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Habitat For Humanity Of Coastal Fairfield County Inc's revenue in 2023?
In the 202312 filing period, Habitat For Humanity Of Coastal Fairfield County Inc reported total revenue of $5,792,315, total expenses of $5,383,494, and net assets of $20,728,091.
Is Habitat For Humanity Of Coastal Fairfield County Inc's revenue growing or declining?
Habitat For Humanity Of Coastal Fairfield County Inc's revenue is declining. Revenue went from $12,169,324 (202212) to $5,792,315 (202312), a -52.4% change. Based on 13 filings on record.
What is Habitat For Humanity Of Coastal Fairfield County Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Habitat For Humanity Of Coastal Fairfield County Inc covers tax period 202312. It shows revenue of $5,792,315, expenses of $5,383,494, total assets of $20,728,091, and liabilities of $7,051,569.
How much does Habitat For Humanity Of Coastal Fairfield County Inc spend on programs vs administration?
Based on IRS 990 analysis, Habitat For Humanity Of Coastal Fairfield County Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Habitat For Humanity Of Coastal Fairfield County Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Habitat For Humanity Of Coastal Fairfield County Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 2 strengths noted.
What are the red flags for Habitat For Humanity Of Coastal Fairfield County Inc?
The following concerns were identified: Significant revenue volatility observed, with a drop from $12,169,324 in 2022 to $5,792,315 in 2023, which could impact future program stability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Habitat For Humanity Of Coastal Fairfield County Inc's strengths?
Positive indicators for Habitat For Humanity Of Coastal Fairfield County Inc include: Consistently strong program spending, indicating a focus on mission delivery.. Healthy asset base of $20,728,091 in 2023 provides financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Habitat For Humanity Of Coastal Fairfield County Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags indicating excessive pay. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the significant year-over-year revenue fluctuation impact Habitat for Humanity of Coastal Fairfield County's long-term strategic planning and project pipeline?
The substantial revenue drop from $12.17M in 2022 to $5.79M in 2023 likely necessitates adaptive strategic planning, potentially leading to adjustments in project scope, timing, or fundraising strategies to maintain operational continuity and meet community needs.
Filing History
IRS 990 filing history for Habitat For Humanity Of Coastal Fairfield County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Habitat For Humanity Of Coastal Fairfield County Inc's revenue has grown by 56.2%, moving from $3.7M to $5.8M. Total assets increased by 214.4% over the same period, from $6.6M to $20.7M. Total functional expenses rose by 103.9%, from $2.6M to $5.4M. In its most recent filing year (2023), Habitat For Humanity Of Coastal Fairfield County Inc reported a surplus of $409K, with revenue exceeding expenses. The organization holds $7.1M in liabilities against $20.7M in assets (debt-to-asset ratio: 34.0%), resulting in net assets of $13.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.8M | $5.4M | $20.7M | $7.1M | — | — |
| 2022 | $12.2M | $6.3M | $19.6M | $6.3M | — | View 990 |
| 2021 | $5.8M | $5.0M | $10.9M | $3.5M | — | View 990 |
| 2020 | $4.1M | $4.3M | $10.3M | $3.6M | — | — |
| 2019 | $5.7M | $6.3M | $11.3M | $4.4M | — | View 990 |
| 2018 | $5.6M | $5.0M | $13.1M | $5.7M | — | View 990 |
| 2017 | $5.5M | $6.7M | $12.6M | $5.8M | — | — |
| 2016 | $6.4M | $5.9M | $13.8M | $5.8M | — | View 990 |
| 2015 | $5.2M | $2.9M | $13.2M | $5.7M | — | View 990 |
| 2014 | $6.2M | $5.5M | $11.2M | $6.1M | — | View 990 |
| 2013 | $4.3M | $3.4M | $10.6M | $6.2M | — | View 990 |
| 2012 | $5.2M | $6.0M | $7.8M | $4.4M | — | View 990 |
| 2011 | $3.7M | $2.6M | $6.6M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.8M, expenses of $5.4M, and assets of $20.7M (revenue -52.4% year-over-year).
- 2022: Revenue of $12.2M, expenses of $6.3M, and assets of $19.6M (revenue +110.6% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.0M, and assets of $10.9M (revenue +41.0% year-over-year).
- 2020: Revenue of $4.1M, expenses of $4.3M, and assets of $10.3M (revenue -28.3% year-over-year).
- 2019: Revenue of $5.7M, expenses of $6.3M, and assets of $11.3M (revenue +2.5% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.0M, and assets of $13.1M (revenue +0.6% year-over-year).
- 2017: Revenue of $5.5M, expenses of $6.7M, and assets of $12.6M (revenue -13.1% year-over-year).
- 2016: Revenue of $6.4M, expenses of $5.9M, and assets of $13.8M (revenue +23.2% year-over-year).
- 2015: Revenue of $5.2M, expenses of $2.9M, and assets of $13.2M (revenue -16.3% year-over-year).
- 2014: Revenue of $6.2M, expenses of $5.5M, and assets of $11.2M (revenue +42.6% year-over-year).
- 2013: Revenue of $4.3M, expenses of $3.4M, and assets of $10.6M (revenue -17.1% year-over-year).
- 2012: Revenue of $5.2M, expenses of $6.0M, and assets of $7.8M (revenue +41.1% year-over-year).
- 2011: Revenue of $3.7M, expenses of $2.6M, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Habitat For Humanity Of Coastal Fairfield County Inc:
Data Sources and Methodology
This transparency report for Habitat For Humanity Of Coastal Fairfield County 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.