Siouxland Tennis Association Inc
Analysis
Siouxland Tennis Association Inc is a registered charity in United States, based in S Sioux City, NE. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Siouxland Tennis Association Inc reported income of $751k and spending of $281k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $751k (+136%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 404%. Over the whole period it spent 42% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Siouxland Tennis Association Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NE. Charities of a similar size with the same main cause include Florida Kings Hockey Club Inc ($751k), Greenways for Nashville ($751k) and College Swimming Coaches Association of America Inc ($751k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Other salaries and wages came to $183k. At year end it held assets of $2.8m against liabilities of $288k, net assets of $2.5m. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Program services 33%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Florida Kings Hockey Club Inc | Boca Raton | $751k |
| Greenways for Nashville | Nashville | $751k |
| College Swimming Coaches Association of America Inc | Baltimore | $751k |
| Duke City Volleyball Athletics | Albuquerque | $752k |