Western North Carolina Tennis Association Inc
Analysis
Western North Carolina Tennis Association Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Western North Carolina Tennis Association Inc reported income of $99k and spending of $73k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $99k (+3.5%), an average of +3.5% a year. Over the whole period it spent 65% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Western North Carolina Tennis Association Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Neighborhood Housing Renewal Corp IV ($99k), Our Chance Enterprise Inc ($99k) and Rise Up 4 Change Inc ($99k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 134% and program service revenue 32% of the total. At year end it held assets of $108k against liabilities of $2,335, net assets of $106k.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Neighborhood Housing Renewal Corp IV | San Francisco | $99k |
| Our Chance Enterprise Inc | North Miami | $99k |
| Rise Up 4 Change Inc | Davenport | $99k |
| Gangs 2 Grace Youth Foundation | Pomona | $99k |