Greater Madison Tennis Association Inc

Analysis

Greater Madison Tennis Association Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 2019, 7 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 November 2023, Greater Madison Tennis Association Inc reported income of $59k and spending of $46k, leaving 21% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income grew from $49k to $59k (+21%), an average of +21% a year. The sharpest change came in the year to November 2023, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Madison Tennis Association Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within WI. Charities of a similar size with the same main cause include Pittsburgh Soaring Association ($59k), Sierra Over the Hill Gang ($59k) and Shoshin Ryu Association Inc ($59k).

On its Form 990-EZ for the period ending November 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.