Happy Paws Haven Co

Analysis

Happy Paws Haven Co is a registered charity in United States, based in Royal Oak, MI. It received its IRS tax-exemption ruling in January 2022, 4 years ago. 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 Paws Haven Co reported income of $310k and spending of $356k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $374k to $310k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Happy Paws Haven Co sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Irish Football Boosters ($310k), Miller Road Housing Development Fund Company Inc ($310k) and Busan Trade Office LA Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $50k (14% of expenses). At year end it held assets of $117k against liabilities of $28k, net assets of $89k. It reported 1 employees.