Abilities Tennis Association of North Carolina

Analysis

Abilities Tennis Association of North Carolina is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 2012, 14 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 (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, Abilities Tennis Association of North Carolina reported income of $182k and spending of $128k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $182k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Abilities Tennis Association of North Carolina sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Central Sarasota County Little League ($182k), North Richland Youth Association ($182k) and Montrose Softball League Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $43k (34% of expenses). At year end it held assets of $272k against liabilities of $1,083, net assets of $271k. It reported 1 employees.