World Hug Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 101,141 | 131,272 | −30,131 | -2.7 | — |
| 2019 | 97,482 | 143,200 | −45,718 | -6.3 | — |
| 2020 | 37,938 | 69,780 | −31,842 | -18.5 | — |
| 2021 | 26,680 | 195,347 | −168,667 | -17.0 | — |
| 2022 | 5,375 | 93,248 | −87,873 | -46.8 | — |
| 2023 | 89,231 | 96,892 | −7,661 | -46.0 | — |
In its most recent public year (2023), this organization spent $7,661 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-46 months), down from -2.7 in 2018.
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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