Club Hustle Inc

Analysis

Club Hustle Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Club Hustle Inc reported income of $100k and spending of $101k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $100k (+2.6%), an average of +2.6% a year. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Club Hustle Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($100k), Hungarian Cultural Garden Restoration Committee ($100k) and Sejong Cultural Education Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,302 against liabilities of $2,619, net assets of -$1,317.