Squash and Education Alliance Inc

Analysis

Squash and Education Alliance Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2006, 20 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, Squash and Education Alliance Inc reported income of $3.1m and spending of $3.5m, spending 114% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.7m to $3.1m (+12%), an average of +2.9% a year. The sharpest change came in the year to August 2021, when income rose by 144%. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Squash and Education Alliance Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Beloved and Beyond ($3.1m), Women Leaders in Sports ($3.1m) and USA Ski Jumping ($3.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 90% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $268k (7.6% of expenses). Other salaries and wages came to $695k. At year end it held assets of $11.1m against liabilities of $631k, net assets of $10.5m. It reported 15 employees.