Raleigh Tennis Association

Analysis

Raleigh Tennis Association is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 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 2023, Raleigh Tennis Association reported income of $464k and spending of $343k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $118k to $464k (+292%), an average of +41% a year. The sharpest change came in the year to December 2019, when income rose by 137%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Raleigh Tennis Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include International Pickleball Teaching Professional Association ($464k), Byers Roseville Gymnastics Club ($464k) and Northwest Arkansas Juniors Storm ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $48k (14% of expenses). Other salaries and wages came to $116k. At year end it held assets of $507k against liabilities of $3,881, net assets of $503k. It reported 4 employees.