Happy Village

Analysis

Happy Village is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2005, 21 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 Village reported income of $694k and spending of $750k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $636k to $694k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happy Village sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Branches Worldwide ($693k), Harmony Outreach Inc ($694k) and Coachella Valley Bridge Foundation ($693k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $63k. At year end it held assets of $101k against liabilities of $26k, net assets of $75k. It reported 1 employees.