Final Paper Background

An Analysis of Habit for Humanity’s Year 2023 Financial Report Student’s Name Institution Course # and Name Professor’s Name Submission Date Background of Research Habitat for Humanity is a nonprofit organization operating globally in an attempt to end the global housing crisis by providing fast access to safe and affordable homes. Founded in 1976, it has since expanded its area of operation into 70 countries, where it carries out construction, renovation, and rehabilitation of homes for people in need. The duty of Habitat for Humanity, set as addressing the global housing crisis, is congruent with the need to build a world where everyone has a decent place to live (Habitat for Humanity, 2023). The organization generates funds for its housing programs through volunteer efforts, monetary contributions, and partnerships with government bodies and corporate donors. By using the community-based approach in its work, Habitat for Humanity empowers the local communities to take an active role in their housing problems. It builds social capital and resilience among the most vulnerable sections of society (Ibrahim, 2020). The impact of Habitat for Humanity, featured in the FY2023 report, has reached over 13.4 million people with services, which enta...