LA Open Table Tennis

Analysis

LA Open Table Tennis is a registered charity in United States, based in S El Monte, CA. It received its IRS tax-exemption ruling in April 2015, 11 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, LA Open Table Tennis reported income of $128k and spending of $86k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $128k (+186%), an average of +186% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, LA Open Table Tennis sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Chris Craft Antique Boat Club Inc ($128k), South Wake Storm Youth Sports Association ($128k) and Redemption Dance Institute Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 51% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.