LA Jolla Tennis Club

Analysis

LA Jolla Tennis Club is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in December 1972, 54 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 December 2023, LA Jolla Tennis Club reported income of $342k and spending of $383k, spending 112% of what it took in. 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, LA Jolla Tennis Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Pioneer Valley Interscholastic ($342k), Supporters of Olympia Community Sailing ($342k) and Durango Winter Sports Club ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 96% of the total. Other salaries and wages came to $111k. At year end it held assets of $241k against liabilities of $168k, net assets of $73k. It reported 6 employees.