Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Charlotte, NC. The organization was established in 1987. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Habitat For Humanity International Inc employed 227 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Habitat For Humanity International Inc generated $27.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $25.9m during the year ending 06/2021. While expenses have increased by 7.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HABITAT CHARLOTTE REGION IS ENTERING ITS 40TH YEAR OF PROVIDING AFFORDABLE HOMEOWNERSHIP SOLUTIONS TO LOW-INCOME FAMILIES IN OUR REGION, AND WE ARE PROUD TO BE AMONG THE TOP AFFILIATES IN THE COUNTRY. HOME CONSTRUCTION CONTINUES TO BE AT THE HEART OF HABITAT'S MISSION. THROUGH THIS PROGRAM, WE FOCUS ON BUILDING NEW HOMES AND REFURBISHING EXISTING ONES, AND PRICING THEM AT FAIR MARKET VALUE TO SELL TO INCOME-QUALIFIED HOMEBUYERS WITH MORTGAGES THAT ARE "RIGHT-SIZED" THROUGH SUBSIDIES TO BE AFFORDABLE. 45 FAMILIES CLOSED ON NEW HOMES AND 26 ON EXISTING HOMES LAST YEAR.


OUR CRITICAL HOME REPAIR PROGRAM PROVIDES QUALIFIED FAMILIES WITH SIGNIFICANT HOME REPAIRS, IMPROVING SUBSTANDARD HOUSING CONDITIONS FOR THOSE WITH LIMITED FINANCIAL RESOURCES AND PRESERVING AFFORDABLE UNITS IN OUR COMMUNITY. OUR TEAM FOCUSES ON FOUR ESSENTIAL HEALTH AND SAFETY ISSUES: UNSAFE ROOFS OR FLOORS, LACKING HEAT, ELECTRICAL SYSTEM HAZARDS, AND PLUMBING HAZARDS WHILE ALSO ADDRESSING ACCESSIBILITY ISSUES IN AND AROUND THE HOME. 136 FAMILIES WERE SERVED THROUGH THIS PROGRAM DURING THE YEAR.


OUR MISSION IS SUSTAINED THROUGH A HEALTHY MIX OF FUNDING STREAMS TO SUPPORT OUR OPERATING NEEDS, GROWTH GOALS AND STRATEGIC PLAN. SIX RESTORES, WHERE WE SELL NEW AND GENTLY-USED FURNITURE, APPLIANCES, HOME DCOR, AND BUILDING MATERIALS SUPPORT OUR OPERATIONAL EXPENSES.


MONEY MATTERS, THE EXPANDED FINANCIAL LITERACY COURSE WE PILOTED IN 2019, SERVED 200 FAMILIES IN FY22. HABITAT CHARLOTTE REGION IS STRONGLY COMMITTED TO ADVOCATING AND CHAMPIONING SOCIAL JUSTICE AND RACIAL EQUITY IN THE COMMUNITIES WE SERVE AND CLOSING THE RACIAL WEALTH GAP. WE WORK CLOSELY WITH SEVERAL LOCAL NONPROFITS AND PEER ORGANIZATIONS THAT REFER POTENTIAL HOMEOWNERS TO US WHILE ALSO PROVIDING WRAP-AROUND SERVICES TO OUR FAMILIES. HABITAT CHARLOTTE REGION UNDERSTANDS THE EFFECTS OF HOMEOWNERSHIP ON ASSET-BUILDING AND WEALTH, IMPROVED HEALTH EFFECTS OF AFFORDABLE HOUSING, THE POSITIVE EFFECTS OF HOMEOWNERSHIP ON EDUCATIONAL OUTCOMES, AS WELL AS THE SOCIETAL AND ENVIRONMENTAL BENEFITS OF HOMEOWNERSHIP.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Summit Air & Electric Llc
Hvac And Electrical Contractor
$696,863
Kevin Richardson Grading
Clearing/grading Contractor
$418,380
Benchmark Service Company
Hvac
$403,882
Schultz Construction Inc
Construction
$373,338
Mcgee Brothers Co Inc
Masonry Contractor
$356,845
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$388,905
Related organizations$0
Government grants $4,378,770
All other contributions, gifts, grants, and similar amounts not included above$5,745,184
Noncash contributions included in lines 1a–1f $537,352
Total Revenue from Contributions, Gifts, Grants & Similar$10,512,859
Total Program Service Revenue$15,948,855
Investment income $156,239
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $163,788
Net Gain/Loss on Asset Sales $1,251
Net Income from Fundraising Events -$52,356
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $894,260
Miscellaneous Revenue$0
Total Revenue $27,686,341

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Habitat For Humanity International Inc has recieved totaling $3,695,505.

Awarding OrganizationAmount
Lowes Foundation

Mooresville, NC

PURPOSE: Affordable Housing

$1,525,000
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$1,119,206
Lowes Foundation

Mooresville, NC

PURPOSE: Skilled Trades

$375,000
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$186,730
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$109,300
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$70,897
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$227,537
Earnings-$26,018
Admin Expense$2,325
Net Contributions$250
Grants$2,225
Ending Balance$197,219

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