Habitat for Humanity International

The information on this page was last updated 5/3/2023. If you see errors or omissions, please email: [email protected]


Summary

Habitat for Humanity is a nonprofit organization that helps families build and improve places to call home. We believe affordable housing plays a critical role in strong and stable communities.


Contact information

Mailing address:
Habitat for Humanity International
322 West Lamar Street
Americus, GA 31709-3543

Website: habitat.org

Phone: (229) 924-6935

Email: [email protected]


Organization details

EIN: 911914868

CEO/President: Jonathan Reckford

Chairman: Mary Cameron

Board size: 20

Founder: Millard and Linda Fuller

Ruling year: 1987

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Vision: A world where everyone has a decent place to live.

Habitat works toward our vision by building strength, stability and self-reliance in partnership with families in need of decent and affordable housing. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage.


Mission statement

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


Statement of faith

Habitat for Humanity and its affiliate organizations will not proselytize. Nor will Habitat work with entities or individuals who insist on proselytizing as part of their work with Habitat. This means that Habitat will not offer assistance on the expressed or implied condition that people must adhere to or convert to a particular faith or listen and respond to messaging designed to induce conversion to a particular faith.

Donor confidence score

Show donor confidence score details

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating968 of 1112106 of 121
Fund acquisition rating1085 of 1114116 of 121
Resource allocation rating741 of 111485 of 121
Asset utilization rating643 of 111271 of 121

Click here to read Habitat for Humanity International's response to our ratings


Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%20%14%16%22%20%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%19%14%16%20%18%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%93%97%98%91%88%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%19%21%19%20%18%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%7%3%2%9%12%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%78%75%78%73%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%100%66%86%99%95%
Program output ratio Program output ratio =
Program services /
Total revenue
78%78%50%67%72%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%0%34%14%1%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%0%35%16%2%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%3%4%3%7%5%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.820.580.540.700.830.83
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.771.171.101.141.191.15
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.660.680.590.800.980.96
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
15.206.306.694.934.454.45
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.160.150.200.220.22
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.4414.7917.3811.989.489.72
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%24%20%28%29%30%
Debt ratio Debt ratio =
Debt /
Total assets
0%7%5%7%7%7%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
101%130%148%103%86%84%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$306,250,080$344,322,736$246,870,615$181,932,795$171,421,915
Receivables, inventories, prepaids$101,681,232$115,108,477$59,952,440$46,497,463$62,644,860
Short-term investments$76,493,962$35,257,008$47,055,693$46,064,494$53,253,356
Other current assets$0$0$0$0$0
Total current assets$484,425,274$494,688,221$353,878,748$274,494,752$287,320,131
Long-term investments$33,782,984$13,585,250$15,460,350$13,308,964$13,308,964
Fixed assets$7,775,214$10,057,706$10,713,893$14,728,752$10,872,900
Other long-term assets$39,879,166$23,657,562$23,820,191$22,996,527$19,692,948
Total long-term assets$81,437,364$47,300,518$49,994,434$51,034,243$43,874,812
Total assets$565,862,638$541,988,739$403,873,182$325,528,995$331,194,943
 
Liabilities20232022202120202019
Payables and accrued expenses$29,388,030$29,852,720$28,598,209$23,004,460$18,572,660
Other current liabilities$47,499,369$44,133,383$43,220,827$38,742,782$46,017,253
Total current liabilities$76,887,399$73,986,103$71,819,036$61,747,242$64,589,913
Debt$38,504,815$25,993,499$30,251,614$23,283,792$23,808,806
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$19,717,379$10,833,863$9,725,784$9,662,737$11,488,736
Total long-term liabilities$58,222,194$36,827,362$39,977,398$32,946,529$35,297,542
Total liabilities$135,109,593$110,813,465$111,796,434$94,693,771$99,887,455
 
Net assets20232022202120202019
Without donor restrictions$215,084,605$295,943,283$166,025,136$107,402,095$107,813,779
With donor restrictions$215,668,440$135,231,991$126,051,612$123,433,129$123,493,709
Net assets$430,753,045$431,175,274$292,076,748$230,835,224$231,307,488
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$305,651,094$424,588,995$324,702,360$248,166,958$252,678,544
Program service revenue$12,839,539$13,096,703$12,586,122$20,378,615$25,408,926
Membership dues$0$0$0$0$0
Investment income$9,527,886$1,266,038($7,391,441)$3,950,610$5,001,063
Other revenue$1,176,634$487,347$192,543$289,997$4,974,444
Total other revenue$23,544,059$14,850,088$5,387,224$24,619,222$35,384,433
Total revenue$329,195,153$439,439,083$330,089,584$272,786,180$288,062,977
 
Expenses20232022202120202019
Program services$257,777,840$219,092,786$219,971,841$196,081,260$209,466,562
Management and general$10,449,026$11,346,961$9,208,911$19,532,108$14,964,707
Fundraising$62,386,419$60,006,768$53,377,330$53,651,524$50,420,869
Total expenses$330,613,285$290,446,515$282,558,082$269,264,892$274,852,138
 
Change in net assets20232022202120202019
Surplus (deficit)($1,418,132)$148,992,568$47,531,502$3,521,288$13,210,839
Other changes in net assets$0$0$0$0$0
Total change in net assets($1,418,132)$148,992,568$47,531,502$3,521,288$13,210,839

Compensation

NameTitleCompensation
Jonathan ReckfordChief Executive Officer$493,862
Luis NodaArea Vp, Asia and the Pacific$341,586
Patrick CanagasinghamChief Operating Officer$311,326
Amy Dunham Beg 0222Chief Communications Officer$308,356
Hilary HarpSVP, Legal & General Counsel$288,186
Valerie NortonChief People Officer$284,870
Adrienne GoolsbySVP, U.s. and Canada$284,019
Richard HathawayArea Vp, Emea$282,652
Jacqueline InnocentSVP, Integrated Programs$280,053
Marla DavidsonVP, CIO$260,958
Jim MellottVP - Finance$257,557
Kevin CampbellManaging Director - Pri Recov Prog$241,129
Julie Laird DavisVP, Corp & Cause Marketing$238,177
Brandie MichelSr Dir-Constituent Engmnt System$233,760
Belaynesh TadesseDirector - Business Strategy$224,854
Ernesto GarciaArea Vp, Lac$207,457
Aaron LewisAssistant Secretary$192,365
Maurice MakolooArea Vice President, Africa$177,680
Colleen RidenhourChief Dev. Officer (thru 05/22)$165,936
Ed Anderson Beg 082022Chief Admin & Financial Officer$118,308

Compensation data as of: 6/30/2023


Response from ministry

The audited financial statements of Habitat for Humanity International reflect only part of the story of Habitat for Humanity's scope of work around the world. As autonomous nonprofit organizations, Habitat for Humanity affiliates and national organizations keep their own records of revenues and expenditures; those figures are not included in the financial statements of Habitat for Humanity International.

For the fiscal year that ended June 30, 2002, we estimate the entire Habitat for Humanity movement grossed $747.9 million in revenue: 438.2 million in cash contributions and grants, $34.7 million in gifts-in-kind, $237.8 million in sales of houses and $37.2 million in other support. Overall, Habitat for Humanity's estimated expense ratios in FY 2002 were 81 percent program, 10 percent fund raising, and 9 percent management and general expense.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/3/2023. To update the information below, please email: [email protected]


History

The idea that became Habitat for Humanity first grew from the fertile soil of Koinonia Farm, a community farm outside of Americus, Georgia, founded by farmer and biblical scholar Clarence Jordan.

On the farm, Jordan and Habitat's eventual founders Millard and Linda Fuller developed the concept of "partnership housing." The concept centered on those in need of adequate shelter working side by side with volunteers to build decent, affordable houses. The houses would be built at no profit. New homeowners' house payments would be combined with no-interest loans provided by supporters and money earned by fundraising to create "The Fund for Humanity," which would then be used to build more homes.

Beau and Emma were the owners of the first home built by Koinonia's Partnership Housing Program. They and their five children moved into a concrete-block home with a modern kitchen, indoor bathroom and heating system, replacing the unpainted, uninsulated shack with no plumbing where they had previously lived.

In 1973, the Fullers decided to take the Fund for Humanity concept to Zaire, now the Democratic Republic of Congo. After three years of hard work to launch a successful house building program there, the Fullers then returned to the United States and called together a group of supporters to discuss the future of their dream: Habitat for Humanity International, founded in 1976.

The times have changed, the build site locations have grown in number, but the very real change that Beau and Emma's family experienced is shared by families today who partner with Habitat to build or improve a place they can call home. Thanks in no small part to the personal involvement of U.S. President Jimmy Carter and his wife Rosalynn and the awareness they have raised, Habitat now works in all 50 states in the U.S. and in more than 70 countries and has helped more than 39 million people achieve strength, stability and independence through safe, decent and affordable shelter.


Program accomplishments

Surveys of Habitat homeowners and their families show better financial health, parents who are more confident about meeting their family's needs, and even improved grades for their children since purchasing a Habitat home:

65% reported better physical health in the Greater Cleveland Habitat for Humanity's homeownership impact survey.

80% of children's grades improved and 41% of adults completed an educational or job training program, Chatham Habitat for Humanity in Pittsboro found in a 2021 homeownership impact survey.

94% of homeowners now feel safe in their homes and 98% said that owning a home improved how they felt about themselves, according to Habitat for Humanity East Bay/Silicon Valley's 2021 social impact study.

57% of families have more savings and 48% of families feel more connected to the community, a survey of Habitat for Humanity Greater Sacramento's first 100 families found.


Needs