Hugs for US

Analysis

Hugs for US is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Hugs for US reported income of $104k and spending of $75k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.1m to $104k (-95%), an average of -63% a year. The sharpest change came in the year to December 2021, when income dropped by 94%. Over the whole period it spent 92% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hugs for US sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Saddle Brook Volunteer Fire Department Association ($104k), Wallisville Volunteer Fire Department Inc ($104k) and Allison-Sylamore Volunteer Fire Department in ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $25k. At year end it held assets of $206k against liabilities of $0, net assets of $206k.