Square Up for Others Inc

Analysis

Square Up for Others Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Square Up for Others Inc reported income of $70k and spending of $69k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $70k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Square Up for Others Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within CT. Charities of a similar size with the same main cause include Nami South Central Iowa ($70k), Three Rivers Milo-Brownville Kiwanis Foundation ($70k) and Greater Malden Asian American Community Coalition Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,342 against liabilities of $5,543, net assets of -$1,201.