Happy Hooves Inc

Analysis

Happy Hooves Inc is a registered charity in United States, based in Marietta, SC. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Happy Hooves Inc reported income of $176k and spending of $122k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $141k to $176k (+25%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Happy Hooves Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 56th percentile within SC. Charities of a similar size with the same main cause include Hooked on Hope VB ($176k), Stratford Ambulance Association Inc ($176k) and Larche Frederick Maryland Inc ($176k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 65% and program service revenue 7.1% of the total. At year end it held assets of $83k against liabilities of $16k, net assets of $67k.