Happy Acres Childrens Home

Analysis

Happy Acres Childrens Home is a registered charity in United States, based in Peoria, AZ. It received its IRS tax-exemption ruling in November 2013, 13 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 June 2023, Happy Acres Childrens Home reported income of $1.8m and spending of $1.8m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.8m (+79%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happy Acres Childrens Home sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Ferst Readers Inc ($1.8m), Sparc Philadelphia ($1.8m) and Housing Consultants Group ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $236k (13% of expenses). Other salaries and wages came to $784k. At year end it held assets of $423k against liabilities of $60k, net assets of $363k. It reported 52 employees.