Nevada Tennis Association

Analysis

Nevada Tennis Association is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 1976, 50 years ago. 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, Nevada Tennis Association reported income of $863k and spending of $914k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $643k to $863k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nevada Tennis Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within NV. Charities of a similar size with the same main cause include Epilepsy Foundation of Easter Pa ($863k), Northland Community College Foundation ($863k) and Habitat for Humanity International Inc ($862k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 64% of the total. Other salaries and wages came to $329k. At year end it held assets of $1.1m against liabilities of $462k, net assets of $652k. It reported 6 employees.