Atp Tour Charities Inc

Analysis

Atp Tour Charities Inc is a registered charity in United States, based in Atlantic Beach, FL. It received its IRS tax-exemption ruling in August 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Atp Tour Charities Inc reported income of $351k and spending of $60k, leaving 83% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $208k to $351k (+68%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 225%. Over the whole period it spent 28% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atp Tour Charities Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($351k), St Francis Apts Inc ($351k) and Free Street Programs Inc ($351k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.