Atlanta Community Tennis Foundation Inc

Analysis

Atlanta Community Tennis Foundation Inc is a registered charity in United States, based in Peachtree Cor, GA. It received its IRS tax-exemption ruling in September 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Atlanta Community Tennis Foundation Inc reported income of $341k and spending of $317k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $341k (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Atlanta Community Tennis Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Main Street Baseball Inc ($341k), New Canaan Athletic Foundation Inc ($341k) and Great Bay Volleyball Club Inc ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $63k (20% of expenses). Other salaries and wages came to $54k. At year end it held assets of $357k against liabilities of $82k, net assets of $276k. It reported 8 employees.