Happy Hippie Foundation

Analysis

Happy Hippie Foundation is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Hippie Foundation reported income of $222k and spending of $390k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $222k (+161%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 154%. Over the whole period it spent 142% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Happy Hippie Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Mockingbird Foundation Inc ($222k), Jason Mraz Foundation ($222k) and Kerengende Foundation NFP ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.