Squash Smarts Inc

Analysis

Squash Smarts Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2001, 25 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 June 2024, Squash Smarts Inc reported income of $2.0m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $2.0m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Squash Smarts Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Western Pennsylvania Interscholastic Hockey League ($2.0m), Athlete Ally Inc ($2.0m) and Hockey East ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $136k (6.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.2m against liabilities of $64k, net assets of $4.2m. It reported 26 employees.