Youth Tennis Foundation of Florida Inc

Analysis

Youth Tennis Foundation of Florida Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 1963, 63 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, Youth Tennis Foundation of Florida Inc reported income of $170k and spending of $168k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $170k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Tennis Foundation of Florida Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Minnesota Cheerleading Coaches Association ($170k), Health Occupations Students of America ($170k) and Katie Kirlin Memorial Charitable Trust ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $434k against liabilities of $0, net assets of $434k.