Corpus Christi Tennis Association

Analysis

Corpus Christi Tennis Association is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in May 1960, 66 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Corpus Christi Tennis Association reported income of $210k and spending of $196k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $210k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corpus Christi Tennis Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include University of Canterbury Foundation in America Inc ($210k), Peace Academic Center Inc ($210k) and Grove City Community Library Inc ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $38k (19% of expenses). At year end it held assets of $195k against liabilities of -$262, net assets of $195k. It reported 2 employees.