Happi Health

Analysis

Happi Health is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Happi Health reported income of $6.2m and spending of $7.2m, spending 116% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.5m to $6.2m (+149%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Happi Health 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 93rd percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include GBS Cidp Foundation International ($6.1m), Albany Med Health System ($6.2m) and Betterhumans Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $4.4m against liabilities of $3.2m, net assets of $1.2m. It reported 120 employees.