Streetsquash Inc

Analysis

Streetsquash Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Streetsquash Inc reported income of $2.3m and spending of $3.5m, spending 154% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.6m to $2.3m (-50%), an average of -16% a year. The sharpest change came in the year to August 2020, when income dropped by 43%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Streetsquash 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 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Community Indoor Tennis Center Inc ($2.3m), National Speleological Society ($2.3m) and Seattle Metropolitan Aquatic Club Smac ($2.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 112% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $433k (12% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $16.6m against liabilities of $324k, net assets of $16.3m. It reported 28 employees.