Happiness Bag Players Inc

Analysis

Happiness Bag Players Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in September 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Happiness Bag Players Inc reported income of $3.0m and spending of $2.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.0m (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happiness Bag Players Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Oxford Area Neighborhood Services Center Inc ($3.0m), Seniors First Inc ($3.0m) and The Good Samaritan Ministries ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Other salaries and wages came to $2.3m. It paid $27k in professional fundraising fees. At year end it held assets of $2.4m against liabilities of $71k, net assets of $2.3m. It reported 135 employees.