134177591RR0001 — 0001
Registered — Surrey, BC — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 80/100
Financials: Revenue $9,566,502 · Expenditures $10,113,844
Habitat Housing Society is a 35-year-old Surrey, BC, housing provider with $9.57 million in revenue and an outstanding 92.8% program spending ratio. However, its financial profile carries notable tension: fragile reserves of just 1.4 months, a $547,000 operating deficit, and significant revenue volatility create a picture of an organization delivering strong programs but operating with thin financial margins.
Our Verdict: A substantial Surrey housing provider with 35 years of operation and excellent program delivery at 92.8%. The fragile reserve position of 1.4 months and current operating deficit are the primary concerns — donors should be aware that this organization is operating close to the financial edge, though the underlying program delivery metrics are strong.