Financial Information for Hugs Foundation INC

Hugs Foundation INC's annual revenue was $816K in tax year 2024, reported on their IRS Form 990. They spent $424K in total expenses. 63% went to programs and services.

Financial Breakdown

What is Hugs Foundation INC's total annual expenses?

Hugs Foundation INC spent $424K in tax year 2024, according to their IRS Form 990 filing.

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

Hugs Foundation INC spent $266K (63% of expenses) on programs and services in tax year 2024.

How much does Hugs Foundation INC spend on overhead?

Hugs Foundation INC's overhead in tax year 2024 includes administrative (35%) and fundraising (2%) of their expenses.

What is Hugs Foundation INC's net worth?

Hugs Foundation INC had net assets of $3.2M as of the end of tax year 2024.

Track Hugs Foundation INC

Follow to get their new filings, financial changes and grants as they post.

View full Hugs Foundation INC 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.