Denver Tennis Park Inc

Analysis

Denver Tennis Park Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 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 June 2023, Denver Tennis Park Inc reported income of $2.3m and spending of $2.5m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $845k to $2.3m (+167%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Denver Tennis Park Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Wisconsin Youth Soccer Association Inc ($2.2m), Columbine-Lakewood Colorado Soccer Association ($2.3m) and Marlins of Raleigh ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $151k (6.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $14.7m against liabilities of $2.1m, net assets of $12.6m. It reported 58 employees.