HABITAT FOR HUMANITY EAST CENTRAL OHIO INC
Mission Statement
Seeking to put God’s love into action, Habitat for Humanity East Central Ohio brings people together to build homes, communities and hope. We are a grass-roots, non-profit Christian housing ministry dedicated to eliminating substandard housing and improving neighborhoods. Our mission is to create a world where everyone has a decent place to live. Through volunteer labor and donations of money and materials, we build new and preserve existing homes to provide low-income families the opportunity to purchase their own simple, decent home with a zero-interest mortgage and an affordable monthly house payment. We believe that safe, secure shelter is the foundation for strong families and vibrant communities. When hardworking families are surrounded and supported by determined volunteers and generous donors, a future full of opportunity is built.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.0% | 87.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.6% | 10.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
4139.8% | 696.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
24.1 mo | 5.2 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.6% | 66.9% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
50.9% | 92.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-30.9% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.1% | 9.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.8% | 0.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $10.6M | $10.4M | $20.8M | 87.0% | 66 |
| 2022 | $15.3M | $8.6M | $20.6M | 87.7% | 72 |
| 2021 | $7.3M | $6.3M | N/A | — | 72 |
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