Southern Tennis Patrons Foundation Inc

Analysis

Southern Tennis Patrons Foundation Inc is a registered charity in United States, based in Peachtree Cor, GA. It received its IRS tax-exemption ruling in October 1978, 48 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, Southern Tennis Patrons Foundation Inc reported income of $601k and spending of $477k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $601k (+215%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 173%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Tennis Patrons Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Christian Family Media Ministries Inc ($601k), Snell Foundation Inc ($601k) and Catawba County Historical Association Inc ($601k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. It paid $2,486 in professional fundraising fees. At year end it held assets of $7.2m against liabilities of $90k, net assets of $7.1m.