Happystars Youth Program Inc

Analysis

Happystars Youth Program Inc is a registered charity in United States, based in Odessa, FL. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Happystars Youth Program Inc reported income of $294k and spending of $266k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $294k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Happystars Youth Program Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Amos Foundation ($294k), The Consumption Literacy Project ($294k) and Active Youth Wisconsin Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $42k (16% of expenses). Other salaries and wages came to $2,205. At year end it held assets of $71k against liabilities of $67, net assets of $71k. It reported 3 employees.