site/components/announcements/hcb-open-source.mdx
2026-01-21 23:07:23 -05:00

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Hack Club launched HCB in 2018 to enable hackathons to raise and spend money
through [fiscal sponsorship](https://hackclub.com/fiscal-sponsorship/). Since
then, weve expanded to all nonprofit projects; our 12,000 users have transacted
$50 million.
<p style={{textAlign: "center"}}>
<img alt="HCB's user interface showing Hack Club HQ's transactions" src="/hc-cdn/46debb1d90e87bc170842e8a885bde1409eeeb54_mockuuups-transparent-macbook-pro-mockup.png" width="700px" />
</p>
Local student-ran hackathons, robotics teams, and community groups use HCB as a
nonprofit neobank to collect donations, send payments, issue debit cards, and
gain 501(c)(3) status.
When we started HCB, it was developed in private for security reasons. That
said, one of Hack Clubs core principles has always been transparency - we [open
source](https://github.com/hackclub/ledger) our
[finances](https://hcb.hackclub.com/hq), [document how we run
events](https://github.com/hackclub/assemble), and have 500+ public repositories
on [GitHub](https://github.com/hackclub).
***[github.com/hackclub/hcb](https://github.com/hackclub/hcb) is now public -
check it out and star it.***
Paired with our technical documentation, its a great resource for anyone
interested in building financial software or applications with Ruby on Rails.
Our engineering work is also entirely public; the world can learn from our
successes and mistakes.
Since 2018, over fifty people have made 10k+ commits to HCB (thank you!); we
cant wait for more contributors to join us:
<video width="100%" controls style={{borderRadius: "8px"}}>
<source src="https://noras-second-secret-cdn.hackclub.dev/gsource.mp4" type="video/mp4" />
Your browser does not support the video tag.
</video>
PS: if youre looking to start a nonprofit, were accepting applications! Head
over to [nonprofit.new](https://nonprofit.new/) and well be in touch.
<img src="/hc-cdn/19c1d07078a152b1ccbbe31429d36f36bdda6c28_img_9967.jpeg"/>
<small>We're launching this live from SF!</small>