Lafayette Tennis Association

Analysis

Lafayette Tennis Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2020, 6 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, Lafayette Tennis Association reported income of $374k and spending of $308k, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $212k to $374k (+77%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lafayette Tennis Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include Erie Outlaws Youth Baseball ($374k), Atlantic East Conference Association ($375k) and Hype Helping Youth Participate & Excel Inc ($374k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $49k (16% of expenses). Other salaries and wages came to $91k. At year end it held assets of $171k against liabilities of $2,426, net assets of $168k. It reported 3 employees.