New Mexico Youth Tennis Foundation

Analysis

New Mexico Youth Tennis Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 2007, 19 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 2022, New Mexico Youth Tennis Foundation reported income of $68k and spending of $69k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $21k to $68k (+223%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 197%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Mexico Youth Tennis Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within NM. Charities of a similar size with the same main cause include Jefferson Quarterback Club ($68k), Camp Hill Soccer Club Inc ($68k) and Tri-City BMX Inc ($68k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.