Lexington Area Tennis Association

Analysis

Lexington Area Tennis Association is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in June 1999, 27 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, Lexington Area Tennis Association reported income of $113k and spending of $94k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $113k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lexington Area Tennis Association sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Coastal Volleyball Club Inc ($113k), Georgetown Baseball Softball Booster Club ($113k) and Harwich Cranberry Festival Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 90% of the total. At year end it held assets of $148k against liabilities of $56, net assets of $148k.