Happier Life Project Inc

Analysis

Happier Life Project Inc is a registered charity in United States, based in Lake Elsinore, CA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Happier Life Project Inc reported income of $997k and spending of $548k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $218k to $997k (+357%), an average of +357% a year. The sharpest change came in the year to December 2023, when income rose by 357%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Happier Life Project Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Mercy Hospital Cadillac Foundation ($997k), Joy to Life Foundation ($997k) and Orange County Rape Crisis Center ($997k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $125k (23% of expenses). Other salaries and wages came to $201k. At year end it held assets of $545k against liabilities of $30k, net assets of $515k. It reported 15 employees.