Florence Tennis Association

Analysis

Florence Tennis Association is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in August 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florence Tennis Association reported income of $116k and spending of $94k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $116k (+5.4%), an average of +5.4% a year. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Florence Tennis Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 46th percentile within SC. Charities of a similar size with the same main cause include Thousand Islands Snowmobile Club ($116k), Scholastic Rowing Association of America ($116k) and Santa Monica Girls Fastpitch ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.