Rancho Penasquitos Tennis Association Inc

Analysis

Rancho Penasquitos Tennis Association Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 2014, 12 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 May 2024, Rancho Penasquitos Tennis Association Inc reported income of $1.5m and spending of $1.5m, spending 97% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $215k to $1.5m (+614%), an average of +64% a year. The sharpest change came in the year to May 2021, when income rose by 320%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rancho Penasquitos Tennis Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Summer Dreams ($1.5m), Idaho Youth Soccer Association Inc ($1.5m) and Tri-City United Soccer Club ($1.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Other salaries and wages came to $165k. At year end it held assets of $422k against liabilities of $2, net assets of $422k. It reported 15 employees.