Broward Table Tennis Club Inc

Analysis

Broward Table Tennis Club Inc is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in March 2012, 14 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 September 2023, Broward Table Tennis Club Inc reported income of $302k and spending of $270k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $203k to $302k (+49%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 28%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Broward Table Tennis Club Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Lexington Dixie Baseball Inc ($302k), Giants Futures Baseball Club ($302k) and Saline County Fair Association ($302k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 9.8% of the total. At year end it held assets of $1.9m against liabilities of $1.9m, net assets of -$26k.