Waco Tennis Association Inc

Analysis

Waco Tennis Association Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in September 2014, 12 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, Waco Tennis Association Inc reported income of $80k and spending of $68k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $80k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waco Tennis Association Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Shoreham BMX Parents Association ($80k), Loudonville Perrysville Booster Club Inc ($80k) and North Iowa Volleyball Association ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.