Metropolitan Tennis and Education Group

Analysis

Metropolitan Tennis and Education Group is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in September 2024, 2 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 2020, Metropolitan Tennis and Education Group reported income of $218k and spending of $214k, spending 98% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $237k to $218k (-8.0%), an average of -8.0% a year. 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, Metropolitan Tennis and Education Group sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Havre Youth Baseball Association ($218k), Buffalo Regals Edp Fund Inc ($218k) and American Legion Baseball Incorporated ($218k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $170k (79% of expenses). At year end it held assets of $3,455 against liabilities of $0, net assets of $3,455.