Virgin Islands Tennis Association

Analysis

Virgin Islands Tennis Association is a registered charity in United States, based in Christiansted, VI. It received its IRS tax-exemption ruling in August 2015, 11 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 (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 2023, Virgin Islands Tennis Association reported income of $119k and spending of $120k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $119k (+10%), an average of +10% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Virgin Islands Tennis Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within VI. Charities of a similar size with the same main cause include Wisconsin Twisters Ltd ($119k), Pennridge Yellowjackets Soccer Association ($119k) and Just One Neighborhood Program Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $11k, net assets of $39k.