Happen Inc

Analysis

Happen Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 1999, 27 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, Happen Inc reported income of $221k and spending of $174k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $221k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happen Inc 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 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Tfalls Foundation Inc ($221k), Senior Veterans Inc ($221k) and Lamoni Community Daycare Funshine ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $35k (20% of expenses). Other salaries and wages came to $44k. At year end it held assets of $83k against liabilities of $156k, net assets of -$72k. It reported 3 employees.