Hugs Project Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 198,418 | 153,790 | 44,628 | 6.9 | — |
| 2012 | 572,868 | 522,263 | 50,605 | 3.2 | 0% |
| 2013 | 492,596 | 482,237 | 10,359 | 3.7 | 0% |
| 2015 | 184,957 | 115,229 | 69,728 | 26.1 | — |
| 2016 | 106,357 | 98,226 | 8,131 | 31.6 | — |
| 2017 | 109,450 | 72,915 | 36,535 | 48.5 | — |
| 2018 | 90,222 | 94,251 | −4,029 | 37.0 | — |
| 2019 | 276,666 | 179,110 | 97,556 | 33.7 | 0% |
| 2020 | 290,155 | 164,200 | 125,955 | 37.1 | 0% |
| 2021 | 80,910 | 136,974 | −56,064 | 45.8 | 0% |
| 2022 | 221,193 | 103,006 | 118,187 | 74.6 | 0% |
| 2023 | 150,470 | 139,287 | 11,183 | 56.1 | 0% |
In its most recent public year (2023), this organization brought in $11,183 more than it spent. Its reserves stood at about 56.1 months of spending, up from 6.9 in 2011. Staff pay was 0% 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
Hugs Project Incorporated'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