Happy Hill Farm Childrens Home Inc

Analysis

Happy Hill Farm Childrens Home Inc is a registered charity in United States, based in Granbury, TX. It received its IRS tax-exemption ruling in September 1975, 51 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 December 2023, Happy Hill Farm Childrens Home Inc reported income of $6.3m and spending of $6.7m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.6m to $6.3m (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happy Hill Farm Childrens Home Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Greater Lowell Family Y M C a ($6.3m), Eastern Carolina Human Services Agency Inc ($6.3m) and Sunshine Place Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $248k (3.7% of expenses). Other salaries and wages came to $2.5m. It paid $72k in professional fundraising fees. At year end it held assets of $17.2m against liabilities of $1,124, net assets of $17.2m. It reported 96 employees.