Peaceful Hugs
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 225,284 | 12,960 | 212,324 | 196.6 | 74% |
| 2020 | 19,439 | 31,035 | −11,596 | 77.6 | 2% |
| 2021 | 116,830 | 176,209 | −59,379 | 9.6 | 35% |
| 2022 | 995,036 | 598,172 | 396,864 | 10.8 | 60% |
| 2023 | 905,140 | 759,534 | 145,606 | 10.8 | 64% |
In its most recent public year (2023), this organization brought in $145,606 more than it spent. Its reserves stood at about 10.8 months of spending, down from 196.6 in 2019. Staff pay was 64% 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
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