Happiness Project

Analysis

Happiness Project is a registered charity in United States, based in Greenwood Village, CO. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Happiness Project reported income of $195k and spending of $132k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $272k to $195k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 64% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Happiness Project sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include Maderas Rainforest Conservancy Corp ($195k), Central New York Conservancy ($196k) and Uptown Lexington Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (36% of expenses). At year end it held assets of $203k against liabilities of $2,386, net assets of $201k.