Happiness Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 416,723 | 311,318 | 105,405 | 8.8 | 10% |
| 2021 | 391,528 | 380,902 | 10,626 | 7.6 | 12% |
| 2022 | 475,296 | 353,576 | 121,720 | 12.3 | 13% |
| 2023 | 351,508 | 212,509 | 138,999 | 28.3 | 24% |
In its most recent public year (2023), this organization brought in $138,999 more than it spent. Its reserves stood at about 28.3 months of spending, up from 8.8 in 2020. Staff pay was 24% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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