Edmonds Tennis & Education Foundation

Analysis

Edmonds Tennis & Education Foundation is a registered charity in United States, based in Henderson, NC. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Edmonds Tennis & Education Foundation reported income of $63k and spending of $90k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $63k (-23%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Edmonds Tennis & Education Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Youth Stars Inc ($63k), Maypearl Ffa Booster Club Inc ($63k) and Village Improvement Society of Gilbertsville N Y ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.