Habitat for Humanity International Inc

Nonprofit profile at a glance

EIN
561936484
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Spruce Pine, NC, USA
Phone
8287669000
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$157,247
Expenses
$173,091
Assets
$754,042
Liabilities
$91,441

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Carol Jacobsen (President)
  • Ethan Huskins (Vice President)

Highest reported compensation

  • Patricia Evans (Project Manager): $29,577 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Seeking to put God's love in action, Habitat for Humanity brings people together to build homes, communities and hope for low income families.

What it reported doing in 2024

Home Construction Operations of nondenominational Christian organizations to provide home ownership opportunities for low income partner families and to develop communities. Homes are constructed using volunteer and partner labor and sold at cost with a low-interest mortgage. Partners are selected and receive ongoing support on homeownership by staff and trained volunteers. 10% of unrestricted donations are sent to the parent company, Habitat for Humanity International, for construction of homes in areas of critical need abroad at relatively low cost. Note: Proceeds from the sale of homes take the form of long-term interest mortgages held by the affiliate, or in some cases sold to other nonprofits or government agencies or other financial organizations, to provide funds for ongoing home construction. Program expenses include direct and indirect construction costs, partner services, and discounting for "present value" of mortgages.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 38
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -10.1%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 4.36; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 17.1%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 3.9% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 6.5% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: -1% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $170K in reported program spending
  • Leadership: top reported pay $30K · 8 people listed
  • Consistency: 42 of 42 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.