Squannacook Greenways

Analysis

Squannacook Greenways is a registered charity in United States, based in Townsend, MA. It received its IRS tax-exemption ruling in January 2012, 14 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 December 2023, Squannacook Greenways reported income of $286k and spending of $345k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $286k (+559%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 316%. 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, Squannacook Greenways sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Powerhouse Sports Corporation ($286k), Alpha Hockey Inc ($286k) and North Shore Girls Softball League Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $277k against liabilities of $248k, net assets of $30k.