Financial Information for The Hugs Project Incorporated

The Hugs Project Incorporated's annual revenue was $170K in tax year 2023, reported on their IRS Form 990. They spent $136K in total expenses. 97% went to programs and services.

Financial Breakdown

What is The Hugs Project Incorporated's total annual expenses?

The Hugs Project Incorporated spent $136K in tax year 2023, according to their IRS Form 990 filing.

How much of The Hugs Project Incorporated's budget goes to programs?

The Hugs Project Incorporated spent $132K (97% of expenses) on programs and services in tax year 2023.

How much does The Hugs Project Incorporated spend on overhead?

The Hugs Project Incorporated's overhead in tax year 2023 includes administrative (1%) and fundraising (2%) of their expenses.

What is The Hugs Project Incorporated's net worth?

The Hugs Project Incorporated had net assets of $686K as of the end of tax year 2023.

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View full The Hugs Project Incorporated report

All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.