Habitat For Humanity Of The Mississippi Gulf Coast Inc

Habitat For Humanity Of The Mississippi Gulf Coast Inc consistently spends more than it earns, drawing down assets.

EIN: 208133916 · Gulfport, MS · NTEE: L250 · Updated: 2026-03-28

$6.2MRevenue
$5.5MGross Revenue
$18.0MAssets
70/100Mission Score (Good)
L250

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Habitat For Humanity Of The Mississippi Gulf Coast Inc Financial Summary
MetricValue
Total Revenue$6.2M
Total Expenses$4.9M
Program Spending80%
Net Assets$13.9M
Transparency Score70/100

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Habitat For Humanity Of The Mississippi Gulf Coast Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Habitat For Humanity Of The Mississippi Gulf Coast Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Habitat For Humanity Of The Mississippi Gulf Coast Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $2.3M and expenses of $4.9M.

Revenue and Expenses

Habitat For Humanity Of The Mississippi Gulf Coast Inc reported $2.3M in revenue and $4.9M in expenses, a deficit of $2.7M.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

70/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Habitat For Humanity Of The Mississippi Gulf Coast Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Habitat For Humanity Of The Mississippi Gulf Coast Inc Expense Deployment
Program services$3.9M (80%)

Across stored filings, Habitat For Humanity Of The Mississippi Gulf Coast Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Habitat For Humanity Of The Mississippi Gulf Coast Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Mending Hearts Youth Ranch IncMississippi and Category L context

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Habitat For Humanity Of The Mississippi Gulf Coast Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Habitat For Humanity Of The Mississippi Gulf Coast Inc

Habitat For Humanity Of The Mississippi Gulf Coast Inc (EIN: 208133916) is a nonprofit organization based in Gulfport, MS, classified under NTEE code L250. The organization reported total revenue of $6.2M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Habitat For Humanity Of The Mississippi Gulf Coast Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Habitat For Humanity Of The Mississippi Gulf Coast Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.7%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$2.3M
Total Expenses$4.9M
Surplus / Deficit$-2,658,959
Total Assets$22.1M
Total Liabilities$8.2M
Net Assets$13.9M
Operating Margin-117.2%
Debt-to-Asset Ratio37.0%
Months of Reserves53.7 months

Financial Health Grade: B

In 2024, Habitat For Humanity Of The Mississippi Gulf Coast Inc reported a deficit of $2.7M with expenses exceeding revenue, holds 53.7 months of operating reserves (strong position), has a debt-to-asset ratio of 37.0% (moderate leverage).

Financial Trends

Over 13 years of filings (2012–2024), Habitat For Humanity Of The Mississippi Gulf Coast Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.

YearRevenue ChangeExpense ChangeAsset Change
2024-28.5%+4.6%-10.5%
2023-14.2%+3.0%-1.5%
2022-26.5%-5.2%-3.0%
2021+134.5%-10.4%-16.6%
2020-55.2%-9.2%-7.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Habitat For Humanity Of The Mississippi Gulf Coast Inc has demonstrated consistent operational activity, though recent filings show a trend of expenses exceeding revenue. For instance, in the 202406 period, expenses were $4,927,622 against revenues of $2,268,663, and similar deficits are observed in prior years like 202306 ($4,709,642 expenses vs. $3,171,958 revenue). This sustained operational deficit could indicate reliance on reserves or non-operating income, which warrants closer examination. The organization's assets have also seen a decline from a high of $41,656,701 in 201506 to $22,053,384 in 202406, while liabilities have fluctuated but remained significant, reaching $8,154,402 in the latest period. This trend suggests a need for careful financial management to ensure long-term sustainability. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing resources towards the mission rather than executive salaries. This practice is commendable and suggests a high degree of financial integrity in this specific area. The organization's consistent filing of IRS Form 990s over 13 periods also points to a commitment to regulatory compliance and transparency. Overall, while the organization exhibits strong transparency in executive compensation and consistent filing, the recurring operational deficits and declining asset base are areas that require attention. A deeper dive into the specific allocation of expenses would be necessary to fully evaluate spending efficiency and program impact. The significant assets still held, despite the decline, provide a buffer, but the trend of expenses outpacing revenue is a critical financial health indicator to monitor.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Habitat For Humanity Of The Mississippi Gulf Coast Inc with a Mission Score of 70 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: 80%
  • fundraising: 10%

According to IRS 990 filings, Habitat For Humanity Of The Mississippi Gulf Coast Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$2.3MTotal Revenue
$4.9MTotal Expenses
$22.1MTotal Assets
$8.2MTotal Liabilities
$13.9MNet Assets
  • The organization reported a deficit of $2.7M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 37.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is a strong positive for transparency and resource allocation.

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 The Mississippi Gulf Coast Inc's IRS 990 filings:

  • Consistent operational deficits (expenses exceeding revenue) across multiple years, such as $4,927,622 expenses vs. $2,268,663 revenue in 202406.
  • Significant decline in total assets from $41,656,701 in 201506 to $22,053,384 in 202406.
  • Fluctuating but substantial liabilities, reaching $8,154,402 in the latest filing, which could impact financial flexibility.

Strengths

The following positive indicators were identified for Habitat For Humanity Of The Mississippi Gulf Coast Inc:

  • Consistent reporting of 0% officer compensation across all available filings, indicating strong financial integrity in executive pay.
  • Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and regulatory compliance.
  • Substantial asset base of $22,053,384 in 202406, providing a significant financial buffer despite recent declines.

Frequently Asked Questions about Habitat For Humanity Of The Mississippi Gulf Coast Inc

Is Habitat For Humanity Of The Mississippi Gulf Coast Inc a legitimate charity?

Habitat For Humanity Of The Mississippi Gulf Coast Inc (EIN: 208133916) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Habitat For Humanity Of The Mississippi Gulf Coast Inc spend its money?

Habitat For Humanity Of The Mississippi Gulf Coast Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Habitat For Humanity Of The Mississippi Gulf Coast Inc tax-deductible?

Habitat For Humanity Of The Mississippi Gulf Coast Inc is registered as a tax-exempt nonprofit (EIN: 208133916). 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 The Mississippi Gulf Coast Inc's spending goes to programs?

Habitat For Humanity Of The Mississippi Gulf Coast Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Habitat For Humanity Of The Mississippi Gulf Coast Inc compare to similar nonprofits?

With a transparency score of 70/100 (Good), Habitat For Humanity Of The Mississippi Gulf Coast Inc is above average for NTEE category L250 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Habitat For Humanity Of The Mississippi Gulf Coast Inc located?

Habitat For Humanity Of The Mississippi Gulf Coast Inc is headquartered in Gulfport, Mississippi and files with the IRS under EIN 208133916. It is classified under NTEE code L250.

How many years of IRS 990 filings does Habitat For Humanity Of The Mississippi Gulf Coast Inc have?

Habitat For Humanity Of The Mississippi Gulf Coast 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 $6.2M in total revenue.

How does Habitat For Humanity Of The Mississippi Gulf Coast Inc cover its consistent operational deficits?

The consistent operational deficits, where expenses exceed revenue (e.g., $4,927,622 expenses vs. $2,268,663 revenue in 202406), suggest the organization is either drawing down on its accumulated assets, utilizing non-operating income, or relying on prior period surpluses. A detailed look at their Statement of Activities would clarify the funding sources for these deficits.

What is the long-term strategy for addressing the decline in assets?

The organization's assets have decreased from $41,656,701 in 201506 to $22,053,384 in 202406. This significant decline, coupled with consistent operational deficits, raises questions about the sustainability of their financial model and what strategies are in place to stabilize or grow their asset base.

What is the specific breakdown of program, administrative, and fundraising expenses?

While the provided data indicates overall revenue and expenses, a detailed breakdown of how expenses are allocated among program services, administrative costs, and fundraising efforts is crucial for a comprehensive assessment of spending efficiency. This information is typically found in Part IX of the IRS Form 990.

Filing History

IRS 990 filing history for Habitat For Humanity Of The Mississippi Gulf Coast Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Habitat For Humanity Of The Mississippi Gulf Coast Inc's revenue has declined by 50.8%, moving from $4.6M to $2.3M. Total assets decreased by 55% over the same period, from $49.0M to $22.1M. Total functional expenses fell by 24.9%, from $6.6M to $4.9M. In its most recent filing year (2024), Habitat For Humanity Of The Mississippi Gulf Coast Inc reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $8.2M in liabilities against $22.1M in assets (debt-to-asset ratio: 37.0%), resulting in net assets of $13.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $2.3M $4.9M $22.1M $8.2M View 990
2023 $3.2M $4.7M $24.6M $8.1M View 990
2022 $3.7M $4.6M $25.0M $6.9M View 990
2021 $5.0M $4.8M $25.8M $6.8M View 990
2020 $2.1M $5.4M $30.9M $12.2M View 990
2019 $4.8M $5.9M $33.4M $11.4M View 990
2018 $7.1M $5.6M $30.8M $7.7M
2017 $2.2M $4.2M $28.5M $6.9M View 990
2016 $3.6M $3.9M $28.7M $5.1M View 990
2015 $4.7M $5.4M $41.7M $17.7M View 990
2014 $3.6M $6.2M $49.9M $25.3M View 990
2013 $5.5M $6.9M $47.6M $20.4M View 990
2012 $4.6M $6.6M $49.0M $20.4M View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $2.3M, expenses of $4.9M, and assets of $22.1M (revenue -28.5% year-over-year).
  • 2023: Revenue of $3.2M, expenses of $4.7M, and assets of $24.6M (revenue -14.2% year-over-year).
  • 2022: Revenue of $3.7M, expenses of $4.6M, and assets of $25.0M (revenue -26.5% year-over-year).
  • 2021: Revenue of $5.0M, expenses of $4.8M, and assets of $25.8M (revenue +134.5% year-over-year).
  • 2020: Revenue of $2.1M, expenses of $5.4M, and assets of $30.9M (revenue -55.2% year-over-year).
  • 2019: Revenue of $4.8M, expenses of $5.9M, and assets of $33.4M (revenue -33.0% year-over-year).
  • 2018: Revenue of $7.1M, expenses of $5.6M, and assets of $30.8M (revenue +217.4% year-over-year).
  • 2017: Revenue of $2.2M, expenses of $4.2M, and assets of $28.5M (revenue -37.6% year-over-year).
  • 2016: Revenue of $3.6M, expenses of $3.9M, and assets of $28.7M (revenue -23.7% year-over-year).
  • 2015: Revenue of $4.7M, expenses of $5.4M, and assets of $41.7M (revenue +32.0% year-over-year).
  • 2014: Revenue of $3.6M, expenses of $6.2M, and assets of $49.9M (revenue -35.2% year-over-year).
  • 2013: Revenue of $5.5M, expenses of $6.9M, and assets of $47.6M (revenue +19.5% year-over-year).
  • 2012: Revenue of $4.6M, expenses of $6.6M, and assets of $49.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Habitat For Humanity Of The Mississippi Gulf Coast Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Habitat For Humanity Of The Mississippi Gulf Coast 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.

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