Georgia Tennis Foundation Inc

Analysis

Georgia Tennis Foundation Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in April 1986, 40 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, Georgia Tennis Foundation Inc reported income of $501k and spending of $498k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $501k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 1133%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Georgia Tennis Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include French Valley Girls Softball Association League ($501k), Leap Self-Defense Inc ($501k) and USA Swimming Inc ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. At year end it held assets of $889k against liabilities of $16k, net assets of $874k.