Counting the global impact
Reflecting on Habitat’s fiscal year 2023 by the numbers
275
community members helped by Habitat Côte d’Ivoire projects in Bélier Region. Habitat helped families build 22 houses and improve their sanitation and hygiene through the construction of two communal biogas latrines, also training young men and women to raise pigs as livestock.
5,000
people expected to become first-generation homebuyers, particularly in communities of color, through Minnesota’s First-Generation Down Payment Assistance Program. The program, which will allocate US$150 million to buyers whose parents never owned a home or who lost one because of foreclosure, was designed based on a pilot co-led by Twin Cities Habitat.
213,936
low-income women and their families partnered with India-based microfinance institution Annapurna to gain access to housing and WASH loans in fiscal year 2023. Habitat’s Terwilliger Center for Innovation in Shelter and the Asian Development Bank provided technical assistance to Annapurna and other microfinance institutions to increase their capacity to scale affordable loans.
202
families received financial, employment, digital literacy and income-support training through Habitat Findlay/Hancock County’s Financial Opportunity Center in fiscal year 2023. The Ohio affiliate used a barrier-free, people-centered coaching approach to help participants improve their monthly net income by an average of US$615 and boost their credit score by an average of 35 points.
3,500
families have replaced the dirt floors in their homes with concrete across six countries — Colombia, Guatemala, Honduras, Nicaragua, Dominican Republic and Ecuador — with the regional initiative “100,000 floors to play on.” The partnership with Habitat and the Inter-American Cement Federation will install 100,000 concrete floors in Latin America and the Caribbean by 2028, helping families eliminate the health and hygiene risks of dirt floors, especially in households with young children
35
countries are participating in Home Equals, Habitat’s global advocacy campaign. Through the campaign, 38 policy and systems change have been advocated for and successfully enacted in 10 countries.
500
square-foot, energy-efficient Habitat starter homes in Flagstaff, Arizona, are helping low-income residents gain affordable homeownership. Habitat Northern Arizona uses an innovative shared-equity model and land trust protections to keep the homes permanently affordable.
265
municipalities in Bulgaria — every municipality in the country — participated in a housing survey administered and coordinated by Habitat Bulgaria in partnership with the Ministry of Regional Development and Public Works to assess the state of the nation's housing stock. In April 2023, Habitat Bulgaria published a report evaluating city housing policies and detailing the availability, condition, occupancy and management of the municipal housing stock.
“The opportunity for mentorship that Habitat provides is really meaningful. You’re working with a startup that benefits from the time, energy and effort that you’re putting in, knowing that those you get to work with are some of the most innovative startups out there and that they are working hard to build a better world. You can always trust Habitat to work with the best of the best from an impact and innovation perspective.”
Beth Foster-Chao volunteers with Habitat’s ShelterTech accelerator in Southeast Asia and sub-Saharan Africa by serving on the project selection committee and connecting startup entrepreneurs with industry experts for mentorship.
Investing in our cause
Ed Anderson
Chief Administrative Officer
Thank you for all that you do to support Habitat for Humanity. Our vision of a world where everyone has a decent place to live would not be possible without the overwhelming generosity of donors and partners like you. Your steadfast commitment to Habitat propels our mission forward. May this report serve as a testament to the transformative impact your contributions enable.
The nonprofit industry has seen a decline in giving since early 2022. This trend impacted our revenue in fiscal year 2023 but not as significantly as overall industry averages. We remain in a strong financial position. Our unrestricted revenue performed slightly below plan. Our restricted revenue was above plan. As committed stewards of our resources, we kept our overall expenses under plan, resulting in a surplus for fiscal year 2023.
We have integrated our planning, budgeting and prioritization processes so that we have a solid plan heading into this new fiscal year. We continue to channel resources into our program work, strengthen our global efforts and advance our strategic initiatives.
Habitat’s innovations, market development support, repair work, homebuilding and more help us address the shortage of affordable, decent housing around the world. We hope that you, our supporters, share our pride when reflecting on all that we’ve accomplished together. Your contributions make all of this possible. We are exceedingly grateful for your partnership and active participation in our ministry.
“Volunteering with Habitat helped me build my confidence. Before I came here, I really struggled with talking to strangers, and meeting new people was hard. Now I enjoy coming in, serving ReStore customers, making new friends and meeting people I don’t think I would have met otherwise.”
Jonny McCartney is a weekly volunteer at Habitat Ireland’s ReStore in Lisburn, Northern Ireland, and a seven-time Special Olympics World Games gymnastics medalist. Habitat ReStores are home improvement stores and donation centers operated locally by Habitat affiliates.
Individuals served
FY2023 summary
Habitat for Humanity’s strategic plan looks at the number of individuals impacted by our work. The Habitat network reports our work as a mix of households and individuals. To present our figures as individuals, we multiply by five the number of households served by our international work, and we multiply by four (or by two for repairs) the number of households served by our work in the U.S. and Canada. The data presented here have been through this conversion.
Definitions
- New and rehabs
- New houses are 100% 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.
- 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.
- Market development
- Individuals served with better housing through the private sector as a result of a Habitat program.
- Incremental
- 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
- Professional services
- Preconstruction advice or design services provided directly by Habitat professionals to the household, for specific construction projects.
- Civil society facilitation
- Partnerships in which Habitat leads community-based and nongovernmental organizations in a program designed to expand adequate and affordable housing.
Habitat works around the world through our national offices and in partnership with other organizations in certain countries.
Learn more about where we work on habitat.org.
United States and Canada
Individuals |
|
---|---|
New construction |
11,516 |
Rehab construction |
2,788 |
Repairs |
22,010 |
Total |
36,314 |
Latin America and the Caribbean
Individuals |
|
---|---|
New construction |
17,040 |
Rehab construction |
5,160 |
Incremental construction |
82,100 |
Repairs |
65,845 |
Professional services |
37,180 |
Market development |
513,660 |
Civil society facilitation |
26,015 |
Total |
747,000 |
Europe and Middle East
Individuals |
|
---|---|
New construction |
175 |
Rehab construction |
365 |
Incremental construction |
24,370 |
Repairs |
15,320 |
Professional services |
1,075 |
Market development |
312,065 |
Civil society facilitation |
25 |
Total |
353,395 |
Africa
Individuals |
|
---|---|
New construction |
1,605 |
Rehab construction |
255 |
Incremental construction |
66,505 |
Repairs |
960 |
Professional services |
4,865 |
Market development |
10,462,715 |
Total |
10,536,905 |
Asia and the Pacific
Individuals |
|
---|---|
New construction |
6,155 |
Rehab construction |
105 |
Incremental construction |
75,080 |
Repairs |
31,195 |
Professional services |
85 |
Market development |
1,642,600 |
Civil society facilitation |
44,720 |
Total |
1,799,940 |
Financial statements
FY2023, Habitat for Humanity International
Habitat for Humanity International’s auditors have expressed an unqualified opinion on our June 30, 2023, consolidated financial statements. Those financial statements include associated notes that are essential to understanding the information presented here. The full set of statements and notes is available for download.
All figures presented are in thousands of dollars.
Consolidated financial information
FY2023 source of funds
Revenue type |
Amount |
% |
---|---|---|
Contributions |
$241,118 |
69% |
Donated products and services |
$60,114 |
17% |
Other income |
$33,508 |
9% |
Government grants |
$16,972 |
5% |
Total revenue |
$351,712 |
FY2023 use of funds
Expense type |
Amount |
% |
---|---|---|
Program - U.S. affiliates |
$159,722 |
46% |
Program - International affiliates |
$82,249 |
23% |
Fundraising |
$62,491 |
18% |
Management and general |
$23,758 |
7% |
Program - Public awareness and advocacy |
$20,891 |
6% |
Total expenses |
$349,111 |
FY2023 financial assets
Type |
FY2023 |
FY2022 |
$ change |
% change |
---|---|---|---|---|
Cash and cash equivalents |
$110,666 |
$152,005 |
$(41,339) |
-27% |
Investments at fair value |
$275,081 |
$233,318 |
$41,763 |
18% |
Receivables |
$173,715 |
$176,993 |
$(3,278) |
-2% |
Other assets |
$29,373 |
$24,395 |
$4,978 |
20% |
Total assets |
$588,835 |
$586,711 |
$2,124 |
0% |
FY2023 net liabilities and assets
Type |
FY2023 |
FY2022 |
$ change |
% change |
---|---|---|---|---|
Liabilities |
||||
Total liabilities |
$144,994 |
$142,941 |
$2,053 |
1% |
Net assets |
||||
Unrestricted |
$228,173 |
$220,014 |
$8,159 |
4% |
Restricted |
$215,668 |
$223,756 |
$(8,088) |
-4% |
Total net assets |
$443,841 |
$443,770 |
$71 |
0% |
Total assets |
$588,835 |
$586,711 |
$2,124 |
0% |
Consolidated statements of activities
FY2023 revenues and gains
Revenue type |
FY2023 |
FY2022 |
$ change |
% change |
---|---|---|---|---|
Contributions |
$241,118 |
$374,946 |
$(133,828) |
-36% |
Donated products and services |
$60,114 |
$40,648 |
$19,466 |
48% |
Government grants |
$16,972 |
$17,459 |
$(487) |
-3% |
Other income, net |
$33,508 |
$16,292 |
$17,216 |
106% |
Total revenues and gains |
$351,712 |
$449,345 |
$(97,633) |
-22% |
Satisfaction of program restrictions |
- |
- |
- |
0% |
Total revenues and gains |
$351,712 |
$449,345 |
$(97,633) |
-22% |
FY2023 expenses
Expense type |
FY2023 |
FY2022 |
$ change |
% change |
---|---|---|---|---|
Program services |
||||
U.S. affiliates |
$159,722 |
$139,912 |
$19,810 |
14% |
International affiliates |
$82,249 |
$69,041 |
$13,208 |
19% |
Public awareness and education |
$20,891 |
$17,472 |
$3,419 |
20% |
Total program services |
$262,862 |
$226,425 |
$36,437 |
16% |
Supporting services |
||||
Fundraising |
$62,491 |
$58,663 |
$3,828 |
7% |
Management and general |
$23,758 |
$20,922 |
$2,836 |
14% |
Total supporting services |
$86,249 |
$79,585 |
$6,664 |
8% |
Total expenses |
$349,111 |
$306,010 |
$43,101 |
14% |
Losses on contributions receivable |
$2,530 |
$4,589 |
$(2,059) |
-45% |
Total expenses and losses on contributions receivable |
$351,641 |
$310,599 |
$41,042 |
13% |
Change in net assets |
$71 |
$138,746 |
$(138,675) |
-100% |
Combined finances
FY2022
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, 2022, we estimated the total impact of the entire Habitat for Humanity mission was as follows:
$2.4 billion total revenue
$3.6 billion total net assets
FY2022 source of funds
Revenue type |
Amount |
% |
---|---|---|
Contributions and grants |
$1.2 billion |
49% |
Sales of homes |
$582 million |
25% |
Donated products and services |
$481 million |
20% |
Other income |
$134 million |
6% |
FY2022 use of funds
Expense type |
Amount |
% |
---|---|---|
Program |
$1.5 billion |
83% |
Management and general |
$163 million |
9% |
Fundraising |
$151 million |
8% |