9 Hugs Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 35,127 | 10,292 | 24,835 | 29.0 | — |
| 2022 | 41,518 | 32,284 | 9,234 | 12.7 | — |
| 2023 | 28,009 | 40,747 | −12,738 | 6.3 | — |
In its most recent public year (2023), this organization spent $12,738 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 29 in 2021.
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
9 Hugs Foundation 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