Squashbusters Inc

Analysis

Squashbusters Inc is a registered charity in United States, based in Roxbury Crossing, MA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Squashbusters Inc reported income of $6.1m and spending of $4.1m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $6.1m (+78%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 110%. Over the whole period it spent 55% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Squashbusters Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Boy Scouts of America ($6.1m), Boys Club of Mount Kisco Inc ($6.1m) and YMCA of Plattsburgh Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $186k (4.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $34.8m against liabilities of $397k, net assets of $34.4m. It reported 51 employees.