City Squash Inc

Analysis

City Squash Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 2002, 24 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, City Squash Inc reported income of $8.9m and spending of $1.8m, leaving 80% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $1.6m to $8.9m (+452%), an average of +77% a year. The sharpest change came in the year to August 2023, when income rose by 198%. Over the whole period it spent 45% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, City Squash Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Adventure Unlimited ($8.9m), Lou Fusz Soccer Club ($9.0m) and Keewaydin Foundation ($8.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $167k (9.1% of expenses). Other salaries and wages came to $752k. At year end it held assets of $16.7m against liabilities of $5.1m, net assets of $11.6m. It reported 19 employees.