Happybottoms

Analysis

Happybottoms is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Happybottoms reported income of $2.3m and spending of $2.2m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.3m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happybottoms sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Home Sweet Home ($2.3m), Special Young Adults Inc ($2.3m) and Artists Helping the Homeless ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $170k (7.7% of expenses). Other salaries and wages came to $449k. At year end it held assets of $2.3m against liabilities of $456k, net assets of $1.8m. It reported 11 employees.