Evansville Area Tennis Patrons Foundation Inc

Analysis

Evansville Area Tennis Patrons Foundation Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in April 1977, 49 years ago. 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, Evansville Area Tennis Patrons Foundation Inc reported income of $742k and spending of $746k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $730k to $742k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Evansville Area Tennis Patrons Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Muskegon Sports Council ($742k), Park Slope Fifth Avenue District Management Association Inc ($742k) and The Antonian Ltd ($741k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $94k (13% of expenses). Other salaries and wages came to $172k. At year end it held assets of $2.5m against liabilities of $1.2m, net assets of $1.3m.