Public Tennis Inc

Analysis

Public Tennis Inc is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in December 2001, 25 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, Public Tennis Inc reported income of $79k and spending of $57k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $79k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Public Tennis Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 37th percentile within SC. Charities of a similar size with the same main cause include Lehigh Valley Dressage Association ($79k), Phoenixville Cheerleading Booster Association ($79k) and East High School Rugby Football Club ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 35% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.