Essex Grassroots Tennis & Education Inc

Analysis

Essex Grassroots Tennis & Education Inc is a registered charity in United States, based in Orange, NJ. It received its IRS tax-exemption ruling in December 2017, 9 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, Essex Grassroots Tennis & Education Inc reported income of $220k and spending of $220k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $220k (+186%), an average of +186% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Essex Grassroots Tennis & Education Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Trailspring Inc ($220k), Randolph Soccer Club Inc ($220k) and WT Soccer Association a Njnonprofit Corporation ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $69k. At year end it held assets of $6,400 against liabilities of $6,000, net assets of $400.