Palm Beach Area Tennis Patrons Inc

Analysis

Palm Beach Area Tennis Patrons Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Palm Beach Area Tennis Patrons Inc reported income of $864k and spending of $463k, leaving 46% of income unspent that year. Across the 5 years on record, from August 2019 to December 2022, income grew from $556k to $864k (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Palm Beach Area Tennis Patrons 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 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Higher Ground Neighborhood Development Corporation ($862k), Teammates Foundation ($864k) and Boys & Girls Clubs of Jackson and George Counties ($862k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $146k. It paid $6,850 in professional fundraising fees. At year end it held assets of $788k against liabilities of $150k, net assets of $638k. It reported 3 employees.