Coosa Valley Tennis Association Inc

Analysis

Coosa Valley Tennis Association Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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, Coosa Valley Tennis Association Inc reported income of $104k and spending of $97k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $104k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coosa Valley Tennis Association 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 38th percentile, and in the 40th percentile within GA. Charities of a similar size with the same main cause include All Nations Congregational Church of God in Christ ($104k), Road Runners Club of America ($104k) and Les Amis Descoffier Society Foundation Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $14k (14% of expenses). At year end it held assets of $31k against liabilities of $0, net assets of $31k.