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Indiana · Nonprofit

Side Hustle Economy Co

Side Hustle Economy Co (Indiana) receives grants from 7 organizations whose IRS filings report $318,005 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($129,550). 3 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$79k
Funders on record
7
Grants received
$318k
Net assets
$418
3/7 repeat funderspeak grant-dependency 68%
01What it does

What Side Hustle Economy Co does

Mission

Empowered black side hustlers to achieve their dreams

As stated on its FY2025 Form 990-EZ.

Program

  1. Provided aspiring and existing entrepreneurs with resources to support development.

    $88,144 spent
    100% of program spending

The program described on its FY2025 Form 990-EZ. Program spending in total: $88,144.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($126k) Expenses 100 ($125k) Net assets 100 ($766)2024 Revenue 100 ($126k) Expenses 87 ($109k) Net assets 2854 ($22k)2025 Revenue 62 ($79k) Expenses 76 ($95k) Net assets 55 ($418)
202320242025
Revenue (62)Expenses (76)Net assets (55)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $22k to $418 (−98%).

$766
$22k
$418
202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of Side Hustle Economy Co’s revenue is contributions — more reliant on donations than three-quarters of its peers (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$1k
’23
$17k
’24
−$16k
’25
2.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20232024
Listed66
Joined·+0
No longer listed·0
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $10k → $85k.

4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 55% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Side Hustle Economy Co’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Side Hustle Economy Co leans on a few funders — its largest provides 41% of grant income and the top three 74%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

96% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Side Hustle Economy Co.

41%
largest funder
74%
top three
~4
effective funders

Largest funder’s share by year: 2021 100% · 2022 91% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

55% of Side Hustle Economy Co's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $142k that is directly attributable, 91% of it comes from funders outside Indiana, across 2 states.

NY
IN

In-state vs out-of-state, by year

’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $176k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Side Hustle Economy Co's revenue fell 38% between 2023 and 2025.

Operating margin−21% · below the median
Revenue growth (annualized)−21% · bottom quartile

this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025

Organizations like Side Hustle Economy Co

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for Side Hustle Economy Co: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Side Hustle Economy Co?
Side Hustle Economy Co (Indiana) receives grants from 7 organizations whose IRS filings report $318,005 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($129,550). 3 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Side Hustle Economy Co have?
IRS filings report 7 organizations giving $318,005 in grants to Side Hustle Economy Co, 3 of which have funded it in more than one year.
Who is the largest funder of Side Hustle Economy Co?
LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $129,550 in grants. The full list of funders is on this page.
How can an organization like Side Hustle Economy Co find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Side Hustle Economy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing