HABITAT FOR HUMANITY INTERNATIONAL INC

EIN: 561936484 501(c)(3)

Spruce Pine, NC

Total Revenue
$157,247
Total Expenses
$173,091
Total Assets
$754,042
Net Assets
$662,601
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NC
Principal Officer
Carol Jacobsen
Phone
8287669000
Tax Period
2024-07-01 to 2025-06-30

HABITAT FOR HUMANITY INTERNATIONAL INC, founded in 1992, is a small nonprofit that reported $157K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $173K exceeded revenue, resulting in a 10% operating deficit.

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.

Program Service Accomplishments

Program 1
Expenses: $69,224 Revenue: $6,760

Home Construction Operations of nondenominational Christian organizations to provide home ownership opportunities for low income partner families and to develop communities. Homes are constructed...

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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.

Program 2
Expenses: $49,880 Revenue: $64,838

ReStore Operations. The ReStore sells donated building materials and household goods at a discount to the public in a rural, low income area. Profits are used to support home construction. Volunteers...

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ReStore Operations. The ReStore sells donated building materials and household goods at a discount to the public in a rural, low income area. Profits are used to support home construction. Volunteers assist with pickups, stocking and store operations. The ReStore also provides employment opportunities.

Program 3
Expenses: $50,450 Revenue: $1,000

Aging-In-Place / Repair Program provides necessary repairs and additions to homes of elders. The repairs / additions allow them to stay in their homes in a safe environment.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $92,127
Program Service Revenue $7,760
Investment Income $36
Other Revenue $57,324
TOTAL REVENUE $157,247

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,391
Fundraising Expenses $0
Program Expenses $169,554
Other Expenses $122,700
TOTAL EXPENSES $173,091

Year-over-Year Comparison

2024 2023 Change
Revenue $157,247 $422,744 -0.6%
Expenses $173,091 $322,879 -0.5%
Net Income $-15,844 $99,865 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
80

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patricia Evans Project Manager 40
Highest
$29,577 $0 $29,577
Carol Jacobsen President 15
Officer Director
$0 $0 $0
Ethan Huskins Vice President 8
Officer Director
$0 $0 $0
Ed McKee Treasurer 2
Officer Director
$0 $0 $0
Sylvia Archer Board Member 4
Director
$0 $0 $0
Dan McNicol Secretary 4
Officer Director
$0 $0 $0
John Dianotto Board Member 4
Director
$0 $0 $0
Luke Reini Board Member 4
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $157,247 $173,091 $754,042 $-15,844
2024 $422,744 $322,879 $767,871 $99,865
2023 $198,959 $161,884 $753,225 $37,075
2022 $420,127 $301,585 $809,851 $118,542
2021 $264,097 $282,028 $606,014 $-17,931
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