716 Squash Inc

Analysis

716 Squash Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, 716 Squash Inc reported income of $406k and spending of $414k, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $387k to $406k (+4.7%), an average of +1.1% a year. The sharpest change came in the year to August 2022, when income rose by 19%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 716 Squash Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Amh Medical Staff Service Fund ($405k), Summit Pacific Medical Foundation ($406k) and Dulatown Outreach Center Inc ($405k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $90k (22% of expenses). Other salaries and wages came to $145k. At year end it held assets of $464k against liabilities of $47k, net assets of $417k. It reported 6 employees.