Zephyr Cove Tennis Club Foundation

Analysis

Zephyr Cove Tennis Club Foundation is a registered charity in United States, based in Zephyr Cove, NV. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Zephyr Cove Tennis Club Foundation reported income of $91k and spending of $60k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $91k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Zephyr Cove Tennis Club Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within NV. Charities of a similar size with the same main cause include Beginning Experience International Ministry Inc ($91k), Riverview Medical Center Auxiliary Inc ($91k) and Virginia Congress of Parents and Teachers ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 55% of the total. At year end it held assets of $112k against liabilities of $8,500, net assets of $103k.