Western Tidewater Tennis Association

Analysis

Western Tidewater Tennis Association is a registered charity in United States, based in Franklin, VA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Western Tidewater Tennis Association reported income of $58k and spending of $35k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $58k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Western Tidewater Tennis Association sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Dripping Springs Hi-Steppers Booster Club ($58k), Region II Central Ski Association ($58k) and Iowa Park Recreational Activities Club Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 13% of the total. At year end it held assets of $159k against liabilities of $0, net assets of $159k.