Capitol Squash Inc

Analysis

Capitol Squash Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in April 2011, 15 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, Capitol Squash Inc reported income of $648k and spending of $625k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $890k to $648k (-27%), an average of -7.6% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Capitol Squash Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include Warrior House of Wny Inc ($648k), Bulls Soccer Club ($648k) and Hollyrod Foundation ($648k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $115k (18% of expenses). Other salaries and wages came to $287k. At year end it held assets of $2.9m against liabilities of $117k, net assets of $2.8m. It reported 7 employees.