Greater Birmingham Habitat for Humanity Inc

What it reported doing in 2024

Homeownership program: families in need of a decent place to live build safe and affordable homes in partnership with us. The organization contructed and/or rehabbed 56 homes during fiscal year ending june 30, 2025 and another 14 homes were in process of construction and/or rehab. Habitat houses are modestly sized. They are large enough for the homeowner family's needs, but small enough to keep construction and maintenance costs affordable. By using the labor of volunteers, prospective homeowners, and dedicated subcontractors, employing efficient building methods, keeping house sizes modest, using donated construction materials and appliances, and issuing no-profit loans, habitat makes its houses affordable for low-income families to purchase. Affordable homeownership helps create the conditions that free families from instability, stress and free and encourage self-reliance and confidence. Studies show that strong and stable households are foundational to child development and growth. When a home fosters and provides health and safety families can flourish. Owning an affordable home also allows homeowners to lift up their entire family by providing opportunities to save for their future and invest in educational opportunities, bolsters job opportunities and long-term career growth.

Financial Efficiency

• Mission deployment rate: 87.3%; rating input score 87
• Program expense ratio: 92.6%; rating input score 93
• Fundraising efficiency: $28.93 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 16.2%; rating input score 78; 78th percentile among comparable filings
• Total-asset coverage ratio: 2.87; rating input score 74; 74th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 90; 90th percentile among comparable filings
• Officer compensation ratio: 2%; rating input score 77; 77th percentile among comparable filings

Growth

• Program expense growth: 10.3% per year; rating input score 100; 72nd percentile among comparable filings
• Revenue growth: 5.4% per year; rating input score 100; 47th percentile among comparable filings
• Asset growth: 4% per year; rating input score 100; 29th percentile among comparable filings