Blue-Gray National Collegiate Tennis Classic Inc

Analysis

Blue-Gray National Collegiate Tennis Classic Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in July 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, Blue-Gray National Collegiate Tennis Classic Inc reported income of $93k and spending of $88k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $93k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Blue-Gray National Collegiate Tennis Classic Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within AL. Charities of a similar size with the same main cause include Tri-Valley Baseball ($93k), Waco Athletic Booster Club ($93k) and North Idaho Volleyball Club Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. At year end it held assets of $346k against liabilities of $0, net assets of $346k.