990 Scout/ Hugs Cafe INC/ Financials

Financial Information for Hugs Cafe INC

Hugs Cafe INC's annual revenue was $3.5M in tax year 2024, reported on their IRS Form 990. They spent $1.9M in total expenses. 58% went to programs and services.

Financial Breakdown

What is Hugs Cafe INC's total annual expenses?

Hugs Cafe INC spent $1.9M in tax year 2024, according to their IRS Form 990 filing.

How much of Hugs Cafe INC's budget goes to programs?

Hugs Cafe INC spent $1.1M (58% of expenses) on programs and services in tax year 2024.

How much does Hugs Cafe INC spend on overhead?

Hugs Cafe INC's overhead in tax year 2024 includes administrative (40%) and fundraising (2%) of their expenses.

What is Hugs Cafe INC's net worth?

Hugs Cafe INC had net assets of $3.6M as of the end of tax year 2024.

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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.