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HUGS FOUNDATION

CARY, North Carolina, 27519

EIN: 86-1335413

Mental Health, Crisis Intervention

MISSION

Providing access to public mental health services for individuals who cannot otherwise afford quality care.

 FORM 1023-EZ for HUGS FOUNDATION

N/A

DEMOGRAPHIC

ADDRESS
105 HEDGEWOOD CT
27519
COUNTY
wake county, NC
IN CARE OF NAME
DHRUTI DHOLAKIA

ORGANIZATIONAL OVERVIEW & RANKINGS

HUGS FOUNDATION is a based in CARY, NC, focused on Mental Health, Crisis Intervention causes , specifically Mental Health Association, Multipurpose. Established in April 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,199,012 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 26,779 out of 80,207 organizations in NC (Top 34%).

In wake county, NC, the organization ranks 3,313 out of 10,332 nonprofits by assets (Top 32%), while locally in cary, it stands at 958 among 1,299 organizations (Top 74%).

The organization reported no revenue in the most recent filing period, placing it at 1,085,224 nationally and 31,798 in NC.

Within its specific NTEE classification (F80 - F: Mental Health, Crisis Intervention), which includes 1,483 similar organizations, HUGS FOUNDATION ranks 596 in assets (Top 40%) and 549 in revenue (Top 37%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at N/A.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
F: Mental Health, Crisis Intervention
NTEE CODE
F80: Mental Health Association, Multipurpose
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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