Houston Tennis Association Inc

Analysis

Houston Tennis Association Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1959, 67 years ago. 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, Houston Tennis Association Inc reported income of $753k and spending of $816k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $868k to $753k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Houston Tennis Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include New England Small College Athletic Conference ($753k), Colonia First Aid Squad ($753k) and America Scores Cleveland ($753k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $85k (10% of expenses). Other salaries and wages came to $241k. At year end it held assets of $747k against liabilities of $0, net assets of $747k. It reported 38 employees.