Habitat For Humanity Of Greater Portland Inc
Habitat for Humanity of Greater Portland: Building Homes, Building Hope
EIN: 222570213 · Portland, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $2.0M |
| Program Spending | 70% |
| Net Assets | $3.0M |
| Transparency Score | 85/100 |
Is Habitat For Humanity Of Greater Portland 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 Greater Portland Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Habitat For Humanity Of Greater Portland Inc
Habitat For Humanity Of Greater Portland Inc (EIN: 222570213) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $5.1M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Habitat For Humanity Of Greater Portland Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Habitat For Humanity Of Greater Portland Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-142,207 |
| Total Assets | $5.0M |
| Total Liabilities | $2.0M |
| Net Assets | $3.0M |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 40.0% |
| Months of Reserves | 30.4 months |
Financial Health Grade: B
In 2023, Habitat For Humanity Of Greater Portland Inc reported a deficit of $142K with expenses exceeding revenue, holds 30.4 months of operating reserves (strong position), has a debt-to-asset ratio of 40.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Habitat For Humanity Of Greater Portland Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.3% | +14.3% | +4.8% |
| 2022 | +68.8% | +50.8% | +21.4% |
| 2021 | -6.2% | -39.7% | +9.0% |
| 2020 | -0.7% | +31.3% | -9.1% |
| 2019 | -10.0% | -23.8% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Greater Portland 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Habitat For Humanity Of Greater Portland Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $142K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but based on typical nonprofit structures for organizations of this size, it is likely within reasonable bounds for the sector.
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 Greater Portland Inc's IRS 990 filings:
- Reliance on grants and contributions for a significant portion of revenue, which can fluctuate year-to-year.
- No clear 'impact report' or detailed program outcomes readily available beyond financial data.
Strengths
The following positive indicators were identified for Habitat For Humanity Of Greater Portland Inc:
- Consistent revenue generation over several years, demonstrating stable donor support.
- Strong asset base, indicating financial stability and capacity for future projects.
- Low liability-to-asset ratio, suggesting good financial health and limited debt.
- Clear mission focus on providing affordable housing, directly addressing community needs.
Frequently Asked Questions about Habitat For Humanity Of Greater Portland Inc
Is Habitat For Humanity Of Greater Portland Inc a legitimate charity?
Habitat For Humanity Of Greater Portland Inc (EIN: 222570213) 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: $5.1M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Habitat For Humanity Of Greater Portland Inc spend its money?
Habitat For Humanity Of Greater Portland Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Habitat For Humanity Of Greater Portland Inc tax-deductible?
Habitat For Humanity Of Greater Portland Inc is registered as a tax-exempt nonprofit (EIN: 222570213). 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 Greater Portland Inc's spending goes to programs?
Habitat For Humanity Of Greater Portland Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Habitat For Humanity Of Greater Portland Inc located?
Habitat For Humanity Of Greater Portland Inc is headquartered in Portland, Maine and files with the IRS under EIN 222570213.
How many years of IRS 990 filings does Habitat For Humanity Of Greater Portland Inc have?
Habitat For Humanity Of Greater Portland 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 $5.1M in total revenue.
What does Habitat For Humanity Of Greater Portland Inc do?
Habitat For Humanity Of Greater Portland Inc is a nonprofit organization in the Unknown sector, located in Portland, Maine. It is classified under NTEE code Unknown.
How much revenue does Habitat For Humanity Of Greater Portland Inc have?
Habitat For Humanity Of Greater Portland Inc reported total revenue of $5,067,318. Based on 13 IRS 990 filings on record.
What are Habitat For Humanity Of Greater Portland Inc's total assets?
Habitat For Humanity Of Greater Portland Inc holds total assets of $6,314,928 as reported in IRS 990 filings.
Where is Habitat For Humanity Of Greater Portland Inc located?
Habitat For Humanity Of Greater Portland Inc is based in Portland, Maine.
What is Habitat For Humanity Of Greater Portland Inc's EIN?
Habitat For Humanity Of Greater Portland Inc's Employer Identification Number (EIN) is 222570213. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Habitat For Humanity Of Greater Portland Inc?
Habitat For Humanity Of Greater Portland Inc is classified under NTEE code Unknown (Unknown).
Is Habitat For Humanity Of Greater Portland Inc a registered 501(c)(3)?
Habitat For Humanity Of Greater Portland Inc appears in IRS records (EIN: 222570213). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Habitat For Humanity Of Greater Portland Inc file IRS Form 990?
Yes, Habitat For Humanity Of Greater Portland Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Habitat For Humanity Of Greater Portland Inc's revenue in 2023?
In the 202306 filing period, Habitat For Humanity Of Greater Portland Inc reported total revenue of $1,824,641, total expenses of $1,966,848, and net assets of $4,989,804.
Is Habitat For Humanity Of Greater Portland Inc's revenue growing or declining?
Habitat For Humanity Of Greater Portland Inc's revenue is declining. Revenue went from $2,582,640 (202206) to $1,824,641 (202306), a -29.3% change. Based on 13 filings on record.
What is Habitat For Humanity Of Greater Portland Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Habitat For Humanity Of Greater Portland Inc covers tax period 202306. It shows revenue of $1,824,641, expenses of $1,966,848, total assets of $4,989,804, and liabilities of $1,996,976.
How much does Habitat For Humanity Of Greater Portland Inc spend on programs vs administration?
Based on IRS 990 analysis, Habitat For Humanity Of Greater Portland Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Habitat For Humanity Of Greater Portland Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Habitat For Humanity Of Greater Portland Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Habitat For Humanity Of Greater Portland Inc?
The following concerns were identified: Reliance on grants and contributions for a significant portion of revenue, which can fluctuate year-to-year.. No clear 'impact report' or detailed program outcomes readily available beyond financial data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Habitat For Humanity Of Greater Portland Inc's strengths?
Positive indicators for Habitat For Humanity Of Greater Portland Inc include: Consistent revenue generation over several years, demonstrating stable donor support.. Strong asset base, indicating financial stability and capacity for future projects.. Low liability-to-asset ratio, suggesting good financial health and limited debt.. Clear mission focus on providing affordable housing, directly addressing community needs.. These findings are derived from AI analysis of the organization's financial filings.
How does Habitat For Humanity Of Greater Portland Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but based on typical nonprofit structures for organizations of this size, it is likely within reasonable bounds for the sector. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Habitat For Humanity Of Greater Portland Inc?
• Financial statements are publicly available through their 990 filings. • Detailed program expenses are itemized, showing a clear commitment to their mission. • No specific transparency report or impact report is readily available on their website beyond financial statements. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does Habitat for Humanity of Greater Portland Inc. manage to maintain a relatively stable asset base despite fluctuations in annual revenue?
The organization appears to effectively manage its expenses and potentially has a strong endowment or capital reserves that help absorb revenue variations, as evidenced by consistent asset levels even when revenue dips, such as between 2018 and 2019.
What is the primary source of funding for Habitat for Humanity of Greater Portland Inc. and how has it evolved?
Based on the 'r' (revenue) figures, the primary source of funding appears to be contributions and grants. While specific breakdowns aren't provided, the overall revenue has fluctuated, suggesting a reliance on ongoing fundraising efforts and donor relationships rather than a single, dominant, fixed income stream.
Filing History
IRS 990 filing history for Habitat For Humanity Of Greater Portland Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Habitat For Humanity Of Greater Portland Inc's revenue has grown by 178.1%, moving from $656K to $1.8M. Total assets increased by 159.6% over the same period, from $1.9M to $5.0M. Total functional expenses rose by 123.5%, from $880K to $2.0M. In its most recent filing year (2023), Habitat For Humanity Of Greater Portland Inc reported a deficit of $142K, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $5.0M in assets (debt-to-asset ratio: 40.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.0M | $5.0M | $2.0M | — | View 990 |
| 2022 | $2.6M | $1.7M | $4.8M | $1.6M | — | View 990 |
| 2021 | $1.5M | $1.1M | $3.9M | $1.7M | — | View 990 |
| 2020 | $1.6M | $1.9M | $3.6M | $1.7M | — | View 990 |
| 2019 | $1.6M | $1.4M | $4.0M | $1.9M | — | View 990 |
| 2018 | $1.8M | $1.9M | $3.9M | $2.1M | — | View 990 |
| 2017 | $789K | $932K | $4.2M | $2.3M | — | View 990 |
| 2016 | $889K | $925K | $4.3M | $2.3M | — | View 990 |
| 2015 | $1.1M | $865K | $4.5M | $2.4M | — | View 990 |
| 2014 | $946K | $940K | $2.2M | $387K | — | View 990 |
| 2013 | $715K | $649K | $2.1M | $277K | — | View 990 |
| 2012 | $696K | $604K | $2.1M | $196K | — | View 990 |
| 2011 | $656K | $880K | $1.9M | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.0M, and assets of $5.0M (revenue -29.3% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.7M, and assets of $4.8M (revenue +68.8% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $3.9M (revenue -6.2% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.9M, and assets of $3.6M (revenue -0.7% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $4.0M (revenue -10.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $3.9M (revenue +131.4% year-over-year).
- 2017: Revenue of $789K, expenses of $932K, and assets of $4.2M (revenue -11.3% year-over-year).
- 2016: Revenue of $889K, expenses of $925K, and assets of $4.3M (revenue -15.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $865K, and assets of $4.5M (revenue +11.3% year-over-year).
- 2014: Revenue of $946K, expenses of $940K, and assets of $2.2M (revenue +32.2% year-over-year).
- 2013: Revenue of $715K, expenses of $649K, and assets of $2.1M (revenue +2.8% year-over-year).
- 2012: Revenue of $696K, expenses of $604K, and assets of $2.1M (revenue +6.1% year-over-year).
- 2011: Revenue of $656K, expenses of $880K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Habitat For Humanity Of Greater Portland Inc:
Data Sources and Methodology
This transparency report for Habitat For Humanity Of Greater Portland 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.