Hustle USA

Analysis

Hustle USA is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Hustle USA reported income of $741k and spending of $724k, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $189k to $741k (+292%), an average of +31% a year. The sharpest change came in the year to December 2019, when income rose by 96%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hustle USA sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Fort Lee District Management Corporation Inc ($740k), Seda-Cog Housing Development Corporation ($741k) and Metro-Work Center Inc ($740k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $340k (47% of expenses). Other salaries and wages came to $10k. It paid $29k in professional fundraising fees. At year end it held assets of $698k against liabilities of $220k, net assets of $478k. It reported 6 employees.