Portland Community Squash

Analysis

Portland Community Squash is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in July 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Portland Community Squash reported income of $3.0m and spending of $968k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.0m (+184%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 44% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Portland Community Squash sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within ME. Charities of a similar size with the same main cause include Old Greenwich-Riverside Community Center Inc ($3.0m), Tread Lightly Inc ($3.0m) and Pacific Premier FC ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $117k (12% of expenses). Other salaries and wages came to $431k. At year end it held assets of $7.7m against liabilities of $17k, net assets of $7.7m. It reported 10 employees.