Chicago Platform Tennis Tournamentcharities Inc

Analysis

Chicago Platform Tennis Tournamentcharities Inc is a registered charity in United States, based in Glenview, IL. It received its IRS tax-exemption ruling in February 2006, 20 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 June 2022, Chicago Platform Tennis Tournamentcharities Inc reported income of $205k and spending of $181k, spending 88% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $174k to $205k (+18%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 271%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chicago Platform Tennis Tournamentcharities Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Lakers Hockey Club Association Inc ($205k), Alton Fighting Irish Soccer Club NFP ($205k) and Piranha Aquatics ($204k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.