Kings County Tennis League Inc

Analysis

Kings County Tennis League Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2011, 15 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, Kings County Tennis League Inc reported income of $917k and spending of $896k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $917k (+204%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kings County Tennis League Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Lovejoy Leopards Inc ($916k), Edison United Soccer Association ($917k) and Lehigh Valley Athletic Club ($916k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $173k (19% of expenses). Other salaries and wages came to $331k. At year end it held assets of $371k against liabilities of $1,470, net assets of $370k. It reported 8 employees.