Virginia Squash Racquets Association Inc

Analysis

Virginia Squash Racquets Association Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Virginia Squash Racquets Association Inc reported income of $173k and spending of $163k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $129k to $173k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Squash Racquets Association Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include University of Cologne New York Office Corp ($173k), Creative Steam ($173k) and Bni Foundation Worldwide Inc ($173k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $151k against liabilities of $1,973, net assets of $149k.