Delray Beach Youth Tennis Foundation Corporation

Analysis

Delray Beach Youth Tennis Foundation Corporation is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Delray Beach Youth Tennis Foundation Corporation reported income of $181k and spending of $146k, spending 81% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $106k to $181k (+71%), an average of +71% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delray Beach Youth Tennis Foundation Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Tri-City Band Corps ($181k), Springfield Local Athletic Boosters Inc ($181k) and Institute for Construction Employment Research ($181k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.