Hugs Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,883 | 12,853 | −970 | 73.6 | — |
| 2012 | 18,136 | 22,474 | −4,338 | 39.8 | — |
| 2013 | 26,714 | 20,991 | 5,723 | 45.9 | — |
| 2014 | 61,539 | 34,399 | 27,140 | 37.5 | — |
| 2015 | 41,561 | 47,195 | −5,634 | 25.9 | — |
| 2016 | 52,141 | 27,828 | 24,313 | 54.4 | — |
| 2017 | 50,625 | 17,015 | 33,610 | 112.6 | — |
| 2018 | 54,864 | 43,543 | 11,321 | 47.1 | — |
| 2019 | 52,266 | 56,969 | −4,703 | 35.0 | — |
| 2020 | 33,439 | 62,995 | −29,556 | 26.0 | — |
| 2021 | 53,910 | 40,256 | 13,654 | 44.8 | — |
| 2022 | 83,627 | 85,916 | −2,289 | 20.7 | — |
| 2023 | 86,726 | 73,643 | 13,083 | 26.3 | — |
In its most recent public year (2023), this organization brought in $13,083 more than it spent. Its reserves stood at about 26.3 months of spending, down from 73.6 in 2011.
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
Hugs Charities Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works