T โ€” Philanthropy, Voluntarism & GrantmakingEIN: 854303132ยท Ruling Year: 2021

9 Hugs Foundation Inc

Merrick, New York

CHealth Score
40C

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Below Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

๐Ÿ’ฐ
$28K
Total Revenue
๐Ÿ“Š
$41K
Total Expenses
๐Ÿฆ
$21K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-45.5%
Revenue minus expenses as % of revenue

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$28,009โ†“33%$40,747โ†‘26%$21,331โ†“37%
2022$41,518โ†‘18%$32,284โ†‘214%$34,069โ†‘37%
2021$35,127$10,292$24,835

Frequently Asked Questions

What does 9 Hugs Foundation Inc do?โ–ผ

9 Hugs Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in New York. It is classified under NTEE code T30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 9 Hugs Foundation Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for 9 Hugs Foundation Inc.

How much revenue does 9 Hugs Foundation Inc generate?โ–ผ

9 Hugs Foundation Inc reports $16K in annual revenue and holds $14K in total assets, based on IRS filings.

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9 Hugs Foundation Inc โ€” Merrick, NY | GiveScope