Andrews Hugs Inc

Analysis

Andrews Hugs Inc is a registered charity in United States, based in Wentzville, MO. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Andrews Hugs Inc reported income of $104k and spending of $81k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $104k (+144%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Andrews Hugs Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MO. Charities of a similar size with the same main cause include Strive 4 Life Foundation ($104k), Strong Like Lisa Inc ($104k) and Hogar El Camino a LA Salvacion Inc II ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.