Habitat for Humanity Iqaluit

P.O. Box 1989, Building 741
Iqaluit, NU X0A 0H0
Board Chair: Tim Brown
Vice Board Chair: Clarence Synard

Charitable Reg. #:81662 4142 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 1/5]


Audited financial statements available only through official request for information from Charities Directorate.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


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



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 50 cents are available for programs.

My anchor


About Habitat for Humanity Iqaluit:

Founded in 2005, Habitat for Humanity Iqaluit (Habitat Iqaluit) aims to help people across Northern Canada find affordable housing. As an affiliate of Habitat for Humanity Canada, Habitat Iqaluit shares its vision of creating a world where everyone has a safe place to live. The charity reports that 49% of homes in Nunavut are currently inadequate, overcrowded, or below housing standards.

Habitat Iqaluit’s main program is homeownership. It does not report how much it spent on programs in the most recent fiscal year.

The charity’s homeownership program helps low-income families buy affordable homes. The charity raises funds for land and materials to build new houses. Habitat Iqaluit sells its homes to eligible families with no down payment required, financed through interest-free mortgages paid over 20 years. To keep homes affordable, Habitat Iqaluit caps these mortgage payments at 30% of annual household income. The charity also requires each family to contribute 500 hours of “sweat equity” by volunteering to build homes. Habitat Iqaluit receives mortgage payments through a revolving fund used to finance future building projects.

Since founding, Habitat Iqaluit reports that it has built five homes. Due to the covid-19 pandemic, it postponed building plans for a sixth home in June 2021. It aims to start building the new home in summer 2022.

My anchor

Results and Impact

According to a 2013 study by the Canadian Mortgage Housing Corporation, 78% of families reported improvements in health after moving into Habitat homes. In addition, 54% of families reported improvements in their children’s behaviour and 41% reported improvements in grades at schools.

While Ci highlights these key results, they may not be a complete representation of Habitat for Humanity Iqaluit’s results and impact. This charity is not yet rated on impact (n/r).

My anchor


Charity Intelligence has scored Habitat Iqaluit as a zero in financial transparency since it did not provide its audited financial statements upon request. The following analysis refers to F2018, the most recent year of financials received from the CRA.

Habitat for Humanity Iqaluit is a small charity, with $176k in cash donations and special events revenue in F2018. It also received $72k in mortgage and rent payments, representing 27% of revenues. Habitat Iqaluit reported $4k in donations in kind, consisting entirely of donated professional fees. The charity does not report receiving any donated building materials.

Administrative costs are 24% of revenues (less investment income) and fundraising costs are 26% of donations and special events revenue. This results in total overhead spending of 50%. For every dollar donated to the charity, 50 cents go to the cause. This is outside of Ci’s reasonable range for overhead spending, which has been the case for all three years.

Habitat Iqaluit has $40k in net funding reserves ($100k in liquid assets less $60k in long-term debts). The charity can cover 49% or around six months of annual program costs with its funding reserves.

Habitat Iqaluit does not report any salaried employees on its annual filings with the CRA.

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

Updated on August 11, 2021 by Eric Zhao.

Financial Review

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 24.0%16.6%18.4%
Fundraising costs as % of donations 25.6%26.3%39.6%
Total overhead spending 49.6%42.9%58.0%
Program cost coverage (%) 49.4%3.4%416.7%

Summary Financial Statements

All figures in $s
Donations 45,55132,32644,203
Goods in kind 3,5007,1843,150
Government funding 03,1730
Fees for service 71,85056,80664,908
Special events 130,812138,776131,108
Investment income 002,443
Other income 9,763178,08118,736
Total revenues 261,476416,346264,548
Program costs 80,235391,59824,475
Administrative costs 62,69869,16648,316
Fundraising costs 45,22144,99069,385
Other costs 16,44136,995413
Total spending 204,595542,749142,589
Cash flow from operations 56,881(126,403)121,959
Capital spending 01,5000
Funding reserves 39,61513,257101,998

Note: To better reflect Habitat Iqaluit’s homeownership program, Ci included mortgage payments received in fees for service. This affected revenue by $6k in F2018, $3k in F2017, and $7k in F2016. Ci included changes in building inventory in program costs, affecting expenses by $9k in F2018, $346k in F2017, and $nil in F2016. Ci excluded depreciation expenses.

Salary Information

Full-time staff: 0

Avg. compensation: $0

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2019

My anchor

Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.habitatiqaluit.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 867-979-7810


Charity Intelligence researches Canadian charities for donors to be informed and give intelligently. Our website posts free reports on more than 800 Canadian charities, as well as in-depth primers on philanthropic sectors like Canada’s environment, cancer, and homelessness. Today over 500,000 Canadians use our website as a go-to source for information on Canadian charities reading over 1.6 million charity reports. Through rigorous and independent research, Charity Intelligence aims to assist Canada’s dynamic charitable sector in being more transparent, accountable and focused on results.


Be Informed. Give Intelligently. Have Impact


Charitable Registration Number: 80340 7956 RR0001