Happy Valley Foundation

Analysis

Happy Valley Foundation is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in September 1949, 77 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Happy Valley Foundation reported income of $9.8m and spending of $5.6m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.5m to $9.8m (-6.7%), an average of -1.7% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Happy Valley Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include University Preparation School Atcsu Channel Islands ($9.8m), Wheaton Society for Christian Instruction ($9.8m) and Jumoke Academy Inc ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 46% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $28.5m against liabilities of $2.8m, net assets of $25.6m.