Happy Shoes Project

Analysis

Happy Shoes Project is a registered charity in United States, based in Ooltewah, TN. It received its IRS tax-exemption ruling in June 2020, 6 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 December 2023, Happy Shoes Project reported income of $115k and spending of $143k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $115k (-2.0%), an average of -2.0% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happy Shoes Project sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Dineequity Foundation Inc ($115k), Big Spring Senior Center ($115k) and Friends of the Senior Center Monroe Township Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $89k against liabilities of $561, net assets of $88k.