Happyfeatorg of Georgia Inc

Analysis

Happyfeatorg of Georgia Inc is a registered charity in United States, based in Suwanee, GA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Happyfeatorg of Georgia Inc reported income of $349k and spending of $224k, leaving 36% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $122k to $349k (+186%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 94%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happyfeatorg of Georgia Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Watertown Family Center Inc ($349k), International Institute of Islamic Medicine ($349k) and LA Clinica Del Pueblo ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $130k (58% of expenses). At year end it held assets of $951k against liabilities of $583k, net assets of $368k. It reported 3 employees.