Hudgings Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 463,866 | 209,893 | 253,973 | 14.5 | 0% |
| 2017 | 170,404 | 321,298 | −150,894 | 3.8 | 0% |
| 2018 | 122,217 | 146,154 | −23,937 | 6.5 | 0% |
| 2019 | 12 | 33,699 | −33,687 | 16.2 | — |
| 2020 | 5 | 6,425 | −6,420 | 72.9 | — |
| 2021 | 5 | 400 | −395 | 1159.2 | — |
| 2022 | 5 | 6,190 | −6,185 | 62.9 | — |
| 2023 | 0 | 27,275 | −27,275 | 2.3 | — |
In its most recent public year (2023), this organization spent $27,275 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 14.5 in 2016.
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
Hudgings Foundation'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