Habitat for Humanity Greater Vancouver is a 1-star charity with Low Demonstrated Impact. The charity is not financially transparent and has a D+ Results Reporting grade, which is below average. For every dollar donated, 67 cents are available to go to the cause, which is just within Ci's reasonable range. Read Ci's report before donating. 

Founded in 1995, Habitat for Humanity Greater Vancouver (Habitat Greater Vancouver) aims to help families across British Columbia access affordable housing. The charity is one of 45 Habitat for Humanity affiliates across Canada that work toward a world where everyone has a safe and stable place to live. Habitat Greater Vancouver’s main program is Homeownership. Based on its financial statements, Ci calculated Habitat Greater Vancouver's total program spending as $1.9m in 2022.

Habitat for Humanity Greater Vancouver’s homeownership program helps low-income families buy affordable homes. The charity raises funds for land and materials to build new houses. It offers these homes to families with an annual household income between $35,000 and $78,000, financed through 21-year leases. To keep homes affordable, Habitat Greater Vancouver sets lease payments at 30% of household income. The charity also requires each family to contribute 500 hours of “sweat equity” by volunteering to build homes or working at Habitat ReStores.

Habitat Greater Vancouver does not publish an annual report. The charity reports it built its first homes in 2013, with a 27-unit townhouse in Burnaby. Since then, the charity has built 12 two-and three-bed units in Richmond, 19 three-bed townhomes in Mission, and two homes in Abbotsford. The charity also manages an apartment in Vancouver. To date, Habitat Greater Vancouver has provided over 64 families with housing. The charity reports it purchased the land to build 42 more homes in Coquitlam.

Habitat for Humanity Greater Vancouver is not financially transparent. Ci received the audited statements after requesting them from the CRA. The charity’s audited statements use line-item costing, which is not a best practice.

Habitat Greater Vancouver received $2.7m in donations and $530k in mortgage payments from homeowners in 2022. The charity spent $1.9m on its program, which is 63% of revenue, and recorded a surplus of $112k.

Habitat Greater Vancouver spent $295k on fundraising, which is 11% of donations, and $638k on administration, which is 22% of revenue (excluding investment income). Total overhead spending is 33%. For every dollar donated, 67 cents are available to go to the cause, which is just within Ci’s reasonable range.

Habitat Greater Vancouver has ($5.5m) in net reserve funds, as its $5.6m in interest-bearing debt outweighs its $68k in cash. This results in a negative program cost coverage, which does not negatively affect the star rating.

Habitat Greater Vancouver’s ReStore returned ($331k), net of expenses in 2022.

This charity report is an update that has been sent to Habitat for Humanity Greater Vancouver.

Updated on June 26, 2025 by Liam Chapleau.