United States Table Tennis Association

Analysis

United States Table Tennis Association is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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, United States Table Tennis Association reported income of $2.8m and spending of $2.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.8m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United States Table Tennis Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Youth Unlimited Gospel Outreach ($2.8m), Central American Resource Center- Carecen ($2.8m) and Phoenix Residential Investment Development Effort ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $160k (6.4% of expenses). Other salaries and wages came to $198k. At year end it held assets of $1.1m against liabilities of $446k, net assets of $682k. It reported 4 employees.