Houston Ladies Tennis Association Inc

Analysis

Houston Ladies Tennis Association Inc is a registered charity in United States, based in Montgomery, TX. It received its IRS tax-exemption ruling in March 1971, 55 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 May 2024, Houston Ladies Tennis Association Inc reported income of $133k and spending of $135k, spending 102% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $121k to $133k (+9.5%), an average of +1.8% a year. The sharpest change came in the year to May 2023, when income rose by 50%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Houston Ladies Tennis Association Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($133k), Middle Atlantic Golf Association Inc ($133k) and Penn-Trafford High School Hockey Club ($133k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.