Happy Home Furniture Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HAPPY HOME FURNITURE BANK PROVIDES FURNITURE AND HOUSEHOLD ESSENTIALS TO INDIVIDUALS AND FAMILIES REBUILDING THEIR LIVES AFTER HOMELESSNESS, DOMESTIC VIOLENCE, REHABILITIATION, MENTAL HEALTH TREATMENT, AND REFUGEE RESETTLEMENT.
- Income
- $258,726
- Spending
- $243,536
- Spent on programs
- 92%
- Reserves
- 1.6 months of spending
- Largest source of income
- fees for its services, 74%
- Employees
- 0
- Volunteers
- 50
- Highest pay
- $15,000, executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 50% of charities in its peer group (human services, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.6 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 16 out of 100. Higher than 0% of charities in its peer group (human services, $250k to $1m).
Independent board
0 of 250 of 2 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $221,676 spent. DURING 2025 HAPPY HOME FURNITURE BANK FURNISHED HOMES FOR INDIVIDUALS AND FAMILIES TRANSITIONING OUT OF CRISIS SITUATIONS, INCLUDING HOMELESSNESS, DOMESTIC VIOLENCE, SUBSTANCE USE RECOVERY, INPATIENT MENTAL HEALTH TREATMENT, AND REFUGEE RESETTLEMENT. SERVICES FOCUSED ON PROVIDING ESSENTIAL HOUSEHOLD FURNITURE AND HOUSEHOLD ITEMS TO SUPPORT DIGNITY, STABLITY, AND LONG-TERM HOUSING SUCCESS. PROGRAM DELIVERY RELIED HEAVILY ON DONATED FURNITURE, COMMUNITY VOLUNTEERS, AND CHARITABLE CONTRIBUTIONS.
- $2,753 spent. HAPPY HOME FURNITURE BANK 150 BEDS IN 2024, HAPPY HOME FURNITURE BANK LAUNCHED THE "150 BEDS" PROGRAM TO PROVIDE NEW BEDS AND MATTRESSES TO INDIVIDUALS AND FAMILIES TRANSITIONING INTO STABLE HOUSING. THE PROGRAM WAS SUPPORTED BY GRANT FUNDING AND ENABLED THE ORGANIZATION TO EXPAND ITS CAPACITY TO SERVE HOUSEHOLDS LACKING ESSENTIAL SLEEPING FURNISHINGS. PROGRAM DELIVERY INCLUDED COORDINATION, STORAGE, AND DISTRIBUTION SUPPORTED BY VOLUNTEERS. DURING 2025, HAPPY HOME COMPLETED THIS PROGRAM, SPENDING THE FINAL $2,753 OF THE ORIGINAL GIFT.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.