The Happy Givers

Analysis

The Happy Givers is a registered charity in United States, based in Vega Alta, PR. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, The Happy Givers reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $658k to $1.1m (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 246%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Happy Givers sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 72nd percentile within PR. Charities of a similar size with the same main cause include Asante Africa Foundation Inc ($1.1m), Marathon Initiative ($1.1m) and World Spiritual Awareness Forum Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Other salaries and wages came to $265k. At year end it held assets of $521k against liabilities of $85k, net assets of $436k. It reported 11 employees.