Habitat for Humanity Niagara
St. Catherines, ON L2P 3G5
CEO: Alastair Davis
Board Chair: Nick Golia
Charitable Reg. #: 89900 6191 RR0001
Grade: BThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Impact Rating: Low
Full-time staff #20
Avg. Compensation $48,219
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||2|
|$40k - $80k||5|
About Habitat for Humanity Niagara:
Founded in 1993, Habitat for Humanity Niagara (HFH Niagara) is an affiliate of Habitat for Humanity Canada that offers affordable housing to families in Niagara. It is part of Habitat for Humanity International and a member of the Niagara Poverty Reduction Network. As a Habitat for Humanity affiliate, the charity shares the common Habitat for Humanity mission of mobilizing volunteers and community partners in building affordable housing and promoting home ownership as a means of breaking the poverty cycle. The charity states that all donations go directly towards building Habitat homes, as its ReStore operations cover 100% of overhead costs.
Habitat for Humanity Niagara states that its keystone homeownership program is a hand up, not handout – families meeting certain financial requirements put in 500 hours of ‘sweat equity’ toward building their Habitat home and take on an interest-free mortgage from HFH Niagara with payments capped at 30% of total family income. These mortgage payments go back into a revolving fund to finance future Habitat builds. On top of mobilizing community volunteers to help build its Habitat homes, HFH Niagara also runs a Youth/Student Build Program in partnership with Niagara College and the District School Board of Niagara, which gives students a chance to develop their trade skills in the construction industry.
HFH Niagara has built 52 homes since founding and has four current builds as of 2016. In its most recent 2016 annual report, HFH Niagara states that it has helped 57 families through its homeownership program since 1993. Habitat for Humanity Niagara states that 78% of its Habitat families report better health and 89% report better family life after moving into their Habitat homes.
Habitat for Humanity Niagara's administrative costs were 11% of total revenues and fundraising costs were 14% of monetary donations in F2016. For every dollar donated to the charity, 75 cents went towards its programs, which falls within Charity Intelligence's reasonable range for overhead costs. Funding reserves are negative due to $1.3m in bank loans and other debt.
This charity report is currently being reviewed by the charity. Comments and edits may be forthcoming.
Created on August 23, 2017 by Katie Khodawandi.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||11.2%||11.9%||16.6%|
|Fundraising costs as % of donations||14.2%||21.0%||16.9%|
|Program cost coverage (%)||(42.8%)||(82.4%)||(78.9%)|
Summary Financial StatementsAll figures in $s
|Goods in kind||74,508||560,012||157,279|
|Fees for service||425,892||176,078||151,602|
|Business activities (net)||1,735,974||1,486,478||520,413|
|Cash flow from operations||951,796||961,816||410,703|