Greater Wilmington Tennis Association

Analysis

Greater Wilmington Tennis Association is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in May 2000, 26 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, Greater Wilmington Tennis Association reported income of $255k and spending of $218k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $212k to $255k (+21%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Wilmington Tennis Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Greenbrier County Youth Camp Inc ($255k), Oldham County Youth Football League Inc ($255k) and Buffalo Curling Club Dot Org Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Other salaries and wages came to $29k. At year end it held assets of $67k against liabilities of $0, net assets of $67k.