Oklahoma Tennis Foundation

Analysis

Oklahoma Tennis Foundation is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in August 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 (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, Oklahoma Tennis Foundation reported income of $419k and spending of $365k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $262k to $419k (+60%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oklahoma Tennis Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within OK. Charities of a similar size with the same main cause include Tradition Lacrosse ($418k), The Sun Conference Inc ($419k) and Bilt Foundation ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (14% of expenses). At year end it held assets of $373k against liabilities of $0, net assets of $373k. It reported 1 employees.