The Owensboro-Daviess County Tennis Association Inc

Analysis

The Owensboro-Daviess County Tennis Association Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in October 1998, 28 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, The Owensboro-Daviess County Tennis Association Inc reported income of $467k and spending of $340k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $467k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Owensboro-Daviess County Tennis Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Spartans Basketball League ($467k), Fort Hill Christian Youth Camp ($467k) and Riverside Community Services Foundation ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $27k (8.1% of expenses). Other salaries and wages came to $110k. At year end it held assets of $460k against liabilities of $15k, net assets of $446k. It reported 17 employees.