How Much Money From Habitat For Humanity Goes To Administration

477 Mountain Pleasant Route, Suite 403
Toronto, ON M4S 2L9
President & CEO: Julia Deans
Board Chair: David Sauve

Charitable Reg. #:11895 0120 RR0001

STAR RATING Ci'southward Star Rating is calculated based on the following contained metrics:

✔+

FINANCIAL TRANSPARENCY

A

RESULTS REPORTING

Class based on the charity's public reporting of the piece of work information technology does and the results it achieves.

Fair

DEMONSTRATED IMPACT

The demonstrated touch on per dollar Ci calculates from available program data.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in about recent year.

72%

CENTS TO THE CAUSE

For a dollar donated, afterward overhead costs of fundraising and admin/management (excluding surplus) 72 cents are available for programs.

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About Habitat for Humanity Canada:

Founded in 1986, Habitat for Humanity Canada (Habitat Canada) helps low-income families access affordable housing beyond Canada as well every bit in developing countries. It is a member of Habitat for Humanity International and shares its global vision statement: a world where anybody has a decent place to alive. With 1.7 meg Canadian families unable to beget decent housing, Habitat Canada promotes affordable homeownership to break the poverty cycle. Information technology oversees 53 Habitat affiliates across Canada. Its headquarters are in Toronto.

In F2020, Habitat for Humanity Canada spent 88% of programme costs (including donated goods) on homebuilding projects in Canada and 4% on international programs. The remaining eight% of program costs include other small-scale programs in Canada, such as production development and Ethnic housing projects.

Canadian Programs: Habitat Canada provides funding and training services to local Habitat affiliates. While local affiliates build Habitat homes, Habitat Canada does not have a straight role in the homeowner awarding procedure and does non build homes. The charity distributed $19.1m in greenbacks support to local affiliates and $7.6m in donated materials in F2020.

Habitat for Humanity Canada reports that 200 new families moved into homes in F2020 (down 25% from 267 in F2019). This included 22 Ethnic families. It states that 70% of new families came from rental homes, 23% lived in social or subsidized housing, and vii% had other living arrangements. Habitat Canada spent an average of $133,510 per family through affiliate programs in F2020, up from $59,217 per new family in F2019¹. All the same, including the local Habitat for Humanity chapter costs, the average cost of a new Habitat firm is over $300,000. In F2020, two,600 families continued to live in Habitat homes from prior years. Eligible homeowners are low-income families in need of amend housing who can commit 500 hours to help build a Habitat dwelling or volunteer at a Habitat ReStore. Habitat affiliates sell homes to families at market place value, made affordable through interest-free mortgage payments capped at 30% of annual household income.

Aside from funding to affiliates, the remaining $2.5m in Canadian program spending includes $1.2m in ReStore and product evolution costs, $1.0m in marketing and communications, and $290k in government relations and Ethnic projects.

International Programs: Habitat for Humanity Canada contributes to international homebuilding projects in developing countries. In F2020, it spent $1.2m on international programs and Habitat Global Hamlet costs. Habitat Global Village is a volunteer programme for Canadians who desire to build homes in developing countries. In F2020, Habitat Canada worked in Republic of guatemala, Haiti, and Malawi. In Haiti, Habitat Canada reports that it provided 750 students with improved sanitation facilities in F2020. It also installed waste management systems for 56 households in Guatemala, reaching 278 people. In Malawi, Habitat Canada has helped to build homes for 102 households with disabled family members, reaching 510 people over three years.

¹This adding is based on total affiliate operating costs paid by Habitat Canada (plan, support, and governance funding), including the cost of donated build materials, divided by new families served during the yr.

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Affect Rating: Fair

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Habitat for Humanity Canada received $vii.5m in donations in F2020. This includes $683k in Global Village contributions and in-kind airfare. The charity's audited financial statements do non split up cash donations from donated airfare. Habitat Canada also received $xiii.1m in authorities funding (39% of revenues) and $vii.6m in donated materials for homebuilding projects and ReStores (22% of revenues).

Administrative costs are 3% of revenues and fundraising costs are 25% of donations and donated edifice materials. This results in total overhead spending of 28%. For every dollar donated, 72 cents go to the cause. This is within Ci's reasonable range for overhead spending.

Habitat for Humanity Canada has $5.8m in cyberspace funding reserves. The charity can cover 25% or around three months of almanac programme, grant, and edifice material costs with its existing reserves.

Habitat Canada sold its National ReStore operations to a Habitat affiliate in F2019, receiving $66k in proceeds from the sale (included in business activities). The affiliate took command of ReStore operations in January 2020.

In February 2020, Habitat Canada partnered with Canada Mortgage and Housing Corporation (CMHC) to help finance the building and repair of housing units through Habitat affiliates. Through the agreement, funding of up to $35.8m in forgivable loans will be bachelor to build 416 new homes and repair 105 existing homes. This funding applies to projects launched between 2019 and 2021. In F2020, Habitat Canada recognized $12.3m in funding from CMHC. Its auditors state that the full loan volition likely be forgiven over the term of the agreement.

Habitat Canada has cancelled all Global Hamlet trips scheduled between March one and December 31, 2020 due to covid-19. It deferred $213k in funding received for these trips in F2020.

Charity Intelligence has sent this update to Habitat for Humanity Canada for review. Changes and edits may be forthcoming.

Updated on July 9, 2021 past Eric Zhao.

Financial Review

Financial Ratios Fiscal year catastrophe December	2020	2019	2018
Administrative costs every bit % of revenues	2.ix%	4.nine%	iii.v%
Fundraising costs as % of donations	24.7%	17.7%	15.5%
Total overhead spending	27.5%	22.half-dozen%	19.0%
Program cost coverage (%)	24.v%	36.4%	35.9%

Summary Financial Statements All figures in $000s	2020	2019	2018
Donations	7,459	11,823	12,700
Goods in kind	7,574	8,855	7,748
Authorities funding	13,052	0	0
Fees for service	five,421	5,656	5,065
Business activities (net)	0	207	69
Other income	273	263	118
Total revenues	33,779	26,804	25,700
Program costs - International	1,187	4,426	4,903
Program costs - Canada	three,375	three,685	3,578
Grants	18,266	5,943	6,157
Donated goods exp	7,574	eight,855	vii,748
Administrative costs	963	1,324	899
Fundraising costs	2,078	2,458	2,316
Total spending	33,443	26,690	25,601
Cash menses from operations	336	114	99
Upper-case letter spending	25	32	78
Funding reserves	5,820	5,869	6,063

Note: In F2019, Habitat Canada sold its National ReStore to a Habitat affiliate and reclassified all associated revenues and expenses as discontinued operations. Ci included revenues, expenses, and cash gain from the National ReStore inside business activities (cyberspace). This afflicted revenues by $nil in F2020, $207k in F2019, and $69k in F2018. Ci reported funding for Habitat affiliate programs every bit grants and removed the value of donated goods to report them separately. Ci removed amortization on a pro-rata ground from Canadian programme, administrative, and fundraising costs.

Salary Information

Full-fourth dimension staff: 40

Avg. compensation: $86,562

Height x staff bacon range:

$350k +	0
$300k - $350k	0
$250k - $300k	0
$200k - $250k	1
$160k - $200k	ii
$120k - $160k	1
$80k - $120k	6
$40k - $80k	0
< $40k	0

Data from most contempo CRA Charities Directorate filings for F2020

Source: https://www.charityintelligence.ca/charity-details/389-habitat-for-humanity-canada

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