Happy Days Learning Center Inc

Analysis

Happy Days Learning Center Inc is a registered charity in United States, based in Ely, MN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Happy Days Learning Center Inc reported income of $50k and spending of $59k, spending 118% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $26k to $50k (+92%), an average of +92% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Happy Days Learning Center Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 15th percentile within MN. Charities of a similar size with the same main cause include Grove Avenue School Parent Teacher Organization ($50k), Figure 1 Foundation ($50k) and Appointed Harvesters Missions ($50k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.