Seattle Tennis & Education Foundation

Analysis

Seattle Tennis & Education Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2018, 8 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, Seattle Tennis & Education Foundation reported income of $111k and spending of $137k, spending 124% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $246k to $111k (-55%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seattle Tennis & Education Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Mountain View Legion Baseball ($111k), Slidell Youth Football Association Inc ($111k) and Westerville Parks Foundation ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $327k against liabilities of $0, net assets of $327k.