Haha Hehe Global

Analysis

Haha Hehe Global is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Haha Hehe Global reported income of $1.2m and spending of $1.4m, spending 118% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $270k to $1.2m (+346%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 492%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Haha Hehe Global sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Decentralized Pictures Foundation Inc ($1.2m), Duluth-Superior Symphony Association ($1.2m) and United for a Fair Economy Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 89% of the total. Other salaries and wages came to $536k. At year end it held assets of $100k against liabilities of $163k, net assets of -$63k. It reported 17 employees.