Happier Valley Comedy Inc

Analysis

Happier Valley Comedy Inc is a registered charity in United States, based in Hadley, MA. It received its IRS tax-exemption ruling in September 2017, 9 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 December 2023, Happier Valley Comedy Inc reported income of $328k and spending of $305k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $214k to $328k (+54%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Happier Valley Comedy Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Steppingstone Center for the Potentially Gifted Inc ($328k), Literacy Volunteers of Rensselaer County ($328k) and American Porphyria Foundation ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $118k (39% of expenses). Other salaries and wages came to $44k. At year end it held assets of $368k against liabilities of $203k, net assets of $165k. It reported 3 employees.