New Canaan Squash Inc

Analysis

New Canaan Squash Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in January 2018, 8 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, New Canaan Squash Inc reported income of $135k and spending of $165k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $135k (-0.7%), an average of -0.7% a year. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Canaan Squash Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Branded Fitness ($135k), Lobo Aquatic Club Inc ($135k) and Gremio Soccer Club ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $102k against liabilities of $4,205, net assets of $97k.