Hack & Hustle Social Entrepreneurship Academy Inc

Analysis

Hack & Hustle Social Entrepreneurship Academy Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hack & Hustle Social Entrepreneurship Academy Inc reported income of $133k and spending of $84k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $7,731 to $133k (+1622%), an average of +315% a year. The sharpest change came in the year to December 2022, when income rose by 731%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hack & Hustle Social Entrepreneurship Academy Inc 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 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Steward Station Ltd ($133k), Vittles for Vets ($133k) and Warning Lights ($133k).

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 $86k against liabilities of $0, net assets of $86k.