Western Wake Tennis Association Inc

Analysis

Western Wake Tennis Association Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in September 2003, 23 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, Western Wake Tennis Association Inc reported income of $409k and spending of $311k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $228k to $409k (+80%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Western Wake Tennis Association Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Yankton Area Ice Association ($409k), Rainbow Soccer Ltd ($409k) and USA Swimming Inc ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Other salaries and wages came to $104k. At year end it held assets of $579k against liabilities of $5,492, net assets of $573k. It reported 4 employees.