Happy Tails Inc

Analysis

Happy Tails Inc is a registered charity in United States, based in Rock Falls, IL. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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, Happy Tails Inc reported income of $494k and spending of $566k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $431k to $494k (+15%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Happy Tails Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include CBM Ministries ($494k), Logoi Incorporated ($494k) and Pat Cairo Family Foundation Inc ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $298k. At year end it held assets of $648k against liabilities of $315, net assets of $648k. It reported 15 employees.