Local Philanthropic

HABITAT FOR HUMANITY - JACKSONVILLE
Using data as of: June 2016

Rating: RECOMMEND

About
Habitat for Humanity – Jacksonville (or HabiJax) is the Jacksonville affiliate of the Habitat for Humanity organization and has provided homeownership opportunities to over 2,000 families. They work with needy families to provide affordable homes, built using volunteer labor. Habitat provides the homeowners a no- or low-interest mortgage, plus offers college scholarships and tutoring in an effort to break the cycle of poverty.

HabiJax also operates two home improvement outlets, where they sell new and slightly-used home materials to raise revenue for the organization.

More information on the Jacksonville Habitat for Humanity can be found here:
http://habijax.org/

HabiJax Facebook:
https://www.facebook.com/HabiJaxfans/

HabiJax Store Facebook:
https://www.facebook.com/HabiJaxRestore/

Our Analysis

Habitat for Humanity of Jacksonville had $7.0 million in revenue according to their latest report.

Of the $7.0 million in revenue, just $2.5 million came in the form of contributions while $4.3 million came from revenue earned through home sales.

HabiJax is fairly efficient with their spending, with 86% of spending going to their mission. We like to see a charity spend at least 75% on their mission, so their 86% is decent. They do have fundraising expenses, but at just 7.5% of spending, this is not at a level we would worry about.

Spending on mission
6,440,283 ÷ 7,488,722 = 86.0%

Spending on administrative costs
483,491 ÷ 7,488,722 = 6.5%

Spending on fundraising
564,948 ÷ 7,488,722 = 7.5%

Our Conclusion
Habitat for Humanity is a good organization and a worthy cause. They spend their money responsibly and we give them a RECOMMEND rating.

They also have many volunteer opportunities available, which can be found here:
http://habijax.org/volunteer/

Contact:
Habitat for Humanity of Jacksonville, Inc.
2404 Hubbard St.
Jacksonville, FL 32206
(877) 237-1295

Form 990: LINK

Financial information comes from the latest Form 990 filing. This review is the opinion of Local Philanthropic and is provided for general information purposes only. Please conduct your own due diligence before donating to any nonprofit.