Philadelphia Area Team Tennis Association

Analysis

Philadelphia Area Team Tennis Association is a registered charity in United States, based in Downingtown, PA. It received its IRS tax-exemption ruling in March 2010, 16 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, Philadelphia Area Team Tennis Association reported income of $70k and spending of $71k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $70k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Philadelphia Area Team Tennis Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Textile River Regatta Inc ($70k), Mayfield Graves County United Soccer Assoc Inc ($70k) and Mechanicsburg Swim Club ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. At year end it held assets of $30k against liabilities of $1,135, net assets of $29k.