Happy Haven Homes Inc

Analysis

Happy Haven Homes Inc is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in October 1966, 60 years ago. 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 Haven Homes Inc reported income of $417k and spending of $325k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $417k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Happy Haven Homes Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include West Liberty Community Center Inc ($417k), Portsmouth United for Education Inc ($417k) and American Society for Premodern Asia Inc ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $152k. At year end it held assets of $891k against liabilities of $8,151, net assets of $883k. It reported 7 employees.