Johnny Mac Tennis Project Inc

Analysis

Johnny Mac Tennis Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Johnny Mac Tennis Project Inc reported income of $2.0m and spending of $1.7m, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $2.0m (+61%), an average of +13% a year. The sharpest change came in the year to August 2020, when income rose by 158%. Over the whole period it spent 66% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Johnny Mac Tennis Project 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 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Thru Project ($2.0m), Nebraska Future Farmers of America Foundation ($2.0m) and P4l ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $124k (7.2% of expenses). Other salaries and wages came to $78k. At year end it held assets of $1.7m against liabilities of $144k, net assets of $1.5m.