Minnesota · Nonprofit
TWO RIVERS HABITAT FOR HUMANITY
TWO RIVERS HABITAT FOR HUMANITY (Minnesota) receives grants from 14 organizations whose IRS filings report $1,119,463 to it, the largest being HABITAT FOR HUMANITY INTERNATIONAL INC ($460,960). 9 of them have funded it in more than one year.
- Revenue FY2025
- $2.2M
- Funders on record
- 14
- Grants received
- $1.1M
- Net assets
- $2.1M
What Two Rivers Habitat for Humanity does
Mission
Two Rivers Habitat for Humanity builds strenth, stability, and self-reliance through shelter. We work to create a world where everyone has an affordable, safe, and healthy home.
As stated on its FY2025 Form 990.
Programs
Two rivers builds new homes and provides critical repairs to existing homes in partnership with families in need of better shelter throughout dodge, olmsted, steele, wabasha, and waseca counties. Two rivers also advocates for housing policies that enable everyone to have a decent place to live.
$1,482,234 spent$832,952 earned by the program72% of program spendingTwo rivers provides resale opportunities of donated household and construction items at the habitat restore.
$568,095 spent$621,474 earned by the program28% of program spendingTwo rivers financed the home sales and holds non-interest bearing mortgages. Imputed interest is recognized for financial reporting as the mortgages mature.
$0 spent0% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,050,329.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.9M to $4.7M (+21%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 12% · 2022 4% · 2023 2% · 2024 2% · 2025 10%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Terry Smith
Executive director
Board chair
Taylor Herman
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 8 funders, grant income fell $145k → $88k.
6 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of TWO RIVERS HABITAT FOR HUMANITY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
TWO RIVERS HABITAT FOR HUMANITY leans on a few funders — its largest provides 41% of grant income and the top three 70%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
86% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TWO RIVERS HABITAT FOR HUMANITY.
Largest funder’s share by year: 2017 58% · 2018 58% · 2019 89% · 2020 61% · 2021 68% · 2022 41% · 2023 48% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
57% of TWO RIVERS HABITAT FOR HUMANITY's funders are still giving 3 years after their first grant; 64% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
52% of TWO RIVERS HABITAT FOR HUMANITY's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $134k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like TWO RIVERS HABITAT FOR HUMANITY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for TWO RIVERS HABITAT FOR HUMANITY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds TWO RIVERS HABITAT FOR HUMANITY?
- TWO RIVERS HABITAT FOR HUMANITY (Minnesota) receives grants from 14 organizations whose IRS filings report $1,119,463 to it, the largest being HABITAT FOR HUMANITY INTERNATIONAL INC ($460,960). 9 of them have funded it in more than one year.
- How many funders does TWO RIVERS HABITAT FOR HUMANITY have?
- IRS filings report 14 organizations giving $1,119,463 in grants to TWO RIVERS HABITAT FOR HUMANITY, 9 of which have funded it in more than one year.
- Who is the largest funder of TWO RIVERS HABITAT FOR HUMANITY?
- HABITAT FOR HUMANITY INTERNATIONAL INC is the largest funder on record, with $460,960 in grants. The full list of funders is on this page.
- How can an organization like TWO RIVERS HABITAT FOR HUMANITY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Two Rivers Habitat for Humanity →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 14 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing