Happy Hands Education Center Inc

Analysis

Happy Hands Education Center Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in August 1993, 33 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 June 2023, Happy Hands Education Center Inc reported income of $2.2m and spending of $2.4m, spending 109% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.2m (+14%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happy Hands Education Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include Revive Center for Housing and Healing ($2.2m), Library of Congress Child Care Association ($2.2m) and Little Buns Inc 2 ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $64k (2.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.2m against liabilities of $113k, net assets of $7.1m. It reported 55 employees.