First State Squash Inc

Analysis

First State Squash Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, First State Squash Inc reported income of $649k and spending of $573k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $221k to $649k (+194%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 949%. Over the whole period it spent 35% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, First State Squash Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within DE. Charities of a similar size with the same main cause include Boys & Girls Club of Alton Inc ($649k), Club Esteem Inc ($649k) and Base Ministry ($649k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $105k (18% of expenses). Other salaries and wages came to $158k. At year end it held assets of $3.3m against liabilities of $46k, net assets of $3.2m. It reported 6 employees.