MSQ Enterprises Inc

Analysis

MSQ Enterprises Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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 2024, MSQ Enterprises Inc reported income of $246k and spending of $193k, leaving 22% of income unspent that year. Across the 3 years on record, from June 2020 to June 2024, income grew from $207k to $246k (+19%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, MSQ Enterprises Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include 525 Ofarrell Street Corporation ($246k), Caring Choices Pregnancy Help Center Inc ($246k) and Etc All American Youth Show Choir Inc ($246k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $55k (28% of expenses). At year end it held assets of $175k against liabilities of $0, net assets of $175k.