River Cities Tennis Association

Analysis

River Cities Tennis Association is a registered charity in United States, based in Clinton, IA. It received its IRS tax-exemption ruling in July 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, River Cities Tennis Association reported income of $93k and spending of $80k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $223k to $93k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 47% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, River Cities Tennis Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include McGilvra Youth Soccer Club ($93k), Tennis Opportunity Program Incorporated ($93k) and Mobjack Rowing Association Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 82% of the total. Other salaries and wages came to $31k. At year end it held assets of $300k against liabilities of $2,498, net assets of $297k. It reported 11 employees.