Suffolk County Tennis and Education Foundation Inc

Analysis

Suffolk County Tennis and Education Foundation Inc is a registered charity in United States, based in Smithtown, NY. It received its IRS tax-exemption ruling in September 2003, 23 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, Suffolk County Tennis and Education Foundation Inc reported income of $55k and spending of $46k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $55k (-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 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Suffolk County Tennis and Education Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Shawnee Ice Hockey Club Inc ($55k), Central Illinois Youth Soccerleague ($55k) and Silsbee Junior Football League ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.