measure.
Annual Report FY2019: Global impact
Our total individuals served around the world and financial statements demonstrate the effect and efficiency of our efforts.
7 million+
In FY2019, Habitat helped more than 7 million people build or improve the place they call home.
2.3 million
In FY2019, more than 2.3 million people gained the potential to improve their housing conditions through our training (295,529) and advocacy (2,028,029).
1.4 million
More than 1.4 million volunteers helped build, advocate and raise awareness about the global need for shelter in the past fiscal year.
2,688,120
2,688,120 student volunteers in the Philippines participated in the government’s Brigada Eskwela program, a one-week community improvement endeavor supported by Habitat Philippines.
43
Forty-three carpenters and engineers were mobilized by Habitat Trinidad and Tobago to support reconstruction in Dominica following hurricanes Irma and Maria. In addition, 117 individuals from the affected island nation were trained in basic carpentry, and 80 damaged homes were repaired.
2,500,000
2.5 million people participated in the 2019 Habitat Young Leaders Build campaign in Asia-Pacific. In its eighth year, the event rallied young people to build, advocate and support other awareness-raising activities. A highlight: Habitat Cambodia increased its event participation by 150 percent, mobilizing 5,000 youth volunteers.
7
Seven European countries — Bulgaria, Hungary, Poland, Romania, Slovakia, Ireland and Great Britain — are joining with partners, including Habitat, to raise awareness of urban issues. Through this European Union-funded partnership, more than 4.2 million individuals have seen or heard messages about global housing issues and the role of housing in meeting the U.N.’s Sustainable Development Goals
41
There are forty-one countries where Habitat and partners advocate for improved access to land for shelter through our global Solid Ground advocacy campaign.
1,256
1,256 homes have been completed to date under the European Union-funded “Homes not Houses” project in three districts of Sri Lanka. Habitat Sri Lanka used compressed stabilized and other earth blocks to build more than 10 percent of the homes. Upon completion, the project will include 2,325 houses constructed and 60 repaired.
8,447
8,447 repairs were completed in the U.S. as part of Habitat’s aging in place efforts. These projects, more than half of which served those over 65, helped older adults make repairs and modifications necessary to help them remain in their homes with comfort and dignity.
400,000+
More than 400,000 fuel-efficient, durable biomass cookstoves were sold by BURN Manufacturing in Kenya. Habitat’s Terwilliger Center for Innovation in Shelter has invested in BURN, whose charcoal- and wood-burning cookstoves have helped 2 million individuals save on expenses and reduce harmful carbon dioxide emissions by 3 million tons.
1,033
Over a thousand Habitat ReStores operated in the United States and in five additional countries. A total of 903 ReStores can be found across 49 of 50 U.S. states, with an additional 130 spread throughout Canada, New Zealand, Australia, Northern Ireland and the Philippines.
29 million+
Since 1976, Habitat has helped more than 29 million people build or improve the place they call home.
Individuals served
United States & Canada
| Individuals | |
|---|---|
| New & rehab construction 1 | 16,320 |
| Repairs 2 | 16,540 |
| Market development 3 | 710 |
| Total | 33,570 |
Latin America & the Caribbean
| Individuals | |
|---|---|
| New & rehab construction | 35,345 |
| Incremental construction 4 | 29,525 |
| Repairs | 64,825 |
| Professional services 5 | 30,790 |
| Market development | 1,847,575 |
| Total | 2,008,060 |
Europe, Middle East & Africa
| Individuals | |
|---|---|
| New & rehab construction | 3,860 |
| Incremental construction | 114,435 |
| Repairs | 16,770 |
| Professional services | 34,440 |
| Market development | 1,676,655 |
| Civil society facilitation 6 | 3,275 |
| Total | 1,849,435 |
Asia & the Pacific
| Individuals | |
|---|---|
| New & rehab construction | 38,055 |
| Incremental construction | 273,990 |
| Repairs | 15,050 |
| Professional services | 70,675 |
| Market development | 1,598,875 |
| Civil society facilitation 6 | 1,180,010 |
| Total | 3,176,655 |
Definitions and notes
- 1. New and rehab construction
- New houses are 100 percent newly constructed and meet Habitat for Humanity quality standards and local building codes. Rehabs are restorations of houses that once met Habitat’s standards and local building codes but needed major, usually structural, work to bring them back to these standards and codes.
- 2. Repairs
- Minor restoration, such as patching roofs or walls or replacing materials in houses that still meet Habitat’s quality standards and local building codes.
- 3. Market development
- Individuals served with better housing through the private sector as a result of a Habitat program.
- 4. Incremental construction
- An intervention that fully addresses one or more of the five Habitat for Humanity quality standards:
- adequate size
- durable construction
- secure land tenure rights
- access to adequate amounts of clean water
- proper sanitation
- 5. Professional services
- Preconstruction advice or design services provided directly by Habitat professionals to the household, for specific construction projects.
- 6. Civil society facilitation
- Partnerships in which Habitat leads community-based and nongovernmental organizations in a program designed to expand adequate and affordable housing.
Financial statements
A commitment to global stewardship
Thanks to the generous support of our donors and partners, fiscal year 2019 was another good year for Habitat for Humanity International. This success allows Habitat to serve more families and communities around the world as we work toward our vision of a world where everyone has a decent place to live.
Overall revenue was US$300 million. In addition, we received US$46.7 million in grant advances, which will be recognized as revenue in future periods as eligible expenses are incurred. We continue to grow our programs in the areas of housing microfinance and other lending solutions, as well as exploring additional new technologies available to build more sustainable and less expensive housing solutions for the families with whom we partner.
On the expense side, we remain committed stewards of the financial resources entrusted to us. Our programs accounted for 78 percent of our total expenses, as we were able to transfer over US$120 million in cash and donated product to our affiliates and national organizations around the world. Overall, expenses increased by 6 percent compared with the prior year. Significant funding received this year will continue to be used in the next few years to rebuild homes and infrastructure in the areas of Texas, Florida and Puerto Rico that were hardest hit by the devastating 2017 hurricane season.
These metrics put Habitat in a strong position to serve families and achieve our strategic plan. We will continue to grow and diversify the organization’s funding, expand and deepen the available ways we serve our target populations, and build reserves and capacity to weather economic changes. We thank you for your continued support of our mission.
— Michael E. Carscaddon, Executive Vice President, Finance and Administration, and Chief Financial Officer, Habitat for Humanity International
Consolidated financial statements
Habitat for Humanity International
Habitat for Humanity International’s auditors have expressed an unqualified opinion on our June 30, 2019, consolidated financial statements. Those financial statements include associated notes that are essential to understanding the information presented herein.
The full set of statements and notes is available for download.
Consolidated statements of financial position
As of June 30. All figures presented are in thousands of dollarsAssets
| FY 2019 | FY 2018 | $ change | |
|---|---|---|---|
| Cash and cash equivalents | $54,380 | $103,742 | $(49,362) |
| Investments at fair value | $178,951 | $98,562 | $80,389 |
| Receivables | $172,042 | $159,812 | $12,230 |
| Other assets | $27,508 | $24,001 | $3,507 |
| Total assets | $432,881 | $386,117 | $46,764 |
Liabilities and net assets
| FY 2019 | FY 2018 | $ change | |
|---|---|---|---|
| Liabilities | |||
| Total liabilities | $189,400 | $155,493 | $33,907 |
| Net assets | |||
| Without donor restriction | $119,987 | $97,459 | $22,528 |
| With donor restriction | $123,494 | $133,165 | $(9,671) |
| Total net assets | $243,481 | $230,624 | $12,857 |
| Total liabilities and net assets | $432,881 | $386,117 | $46,764 |
Consolidated statements of activities and changes in total net assets
Year ended June 30. All figures presented in thousands of dollars.Revenues and gains
| FY 2019 | FY 2018 | $ change | |
|---|---|---|---|
| Contributions | $197,354 | $240,152 | $(42,798) |
| Donated product | $42,191 | $54,690 | $(12,499) |
| Government grants | $15,753 | $16,235 | $(482) |
| Other income, net | $45,221 | $38,858 | $6,363 |
| Total revenues and gains | $300,519 | $349,935 | $(49,416) |
Expenses
| FY 2019 | FY 2018 | $ change | |
|---|---|---|---|
| Program services | |||
| U.S. affiliates | $121,512 | $117,432 | $4,080 |
| International affiliates | $85,843 | $68,781 | $17,062 |
| Public awareness and education | $16,647 | $28,047 | $(11,400) |
| Total program services | $224,002 | $214,260 | $9,742 |
| Supporting services | |||
| Fundraising | $49,265 | $45,480 | $3,785 |
| Management and general | $14,986 | $12,966 | $2,020 |
| Total supporting services | $64,251 | $58,446 | $5,805 |
| Total expenses | $288,253 | $272,706 | $15,547 |
| Losses on contributions receivable | $176 | $90 | $86 |
| Total expenses and losses on contributions receivable | $288,429 | $272,796 | $15,633 |
| Change in net assets | $12,090 | $77,139 | $(65,049) |
Consolidated financial information
in thousands of dollarsSource of funds
| Contributions | $197,354 | 66% |
| Government grants | $15,753 | 5% |
| Donated product | $42,191 | 14% |
| Other income | $45,221 | 15% |
| Total revenue | $300,519 |
Use of funds
| Program - U.S. affiliates | $121,512 | 42% |
| Program - international affiliates | $85,843 | 30% |
| Program - public awareness and advocacy | $16,647 | 6% |
| Total programs | $224,002 | 78% |
| Fundraising | $49,265 | 17% |
| Management and general | $14,986 | 5% |
| Total expenses | $288,253 |
Combined finances
The audited financial statements of Habitat for Humanity International reflect only part of Habitat’s work around the world. As autonomous nonprofit organizations, Habitat for Humanity affiliates and national organizations keep their own records of revenues and expenditures. To better demonstrate the magnitude of the movement, Habitat for Humanity International annually compiles combined (unaudited) financial amounts for Habitat for Humanity in total.
For the fiscal year that ended June 30, 2018, we estimated the total impact of the entire Habitat for Humanity mission was as follows:
FY2018 Source of funds
| Contributions and grants | $800 million | 35% |
| Donated product | $713 million | 31% |
| Sales of homes | $641 million | 28% |
| Other income | $128 million | 6% |
FY2018 Use of funds
| Program | $1.6 billion | 84% |
| Fundraising | $139 million | 7% |
| Management and general | $178 million | 9% |
