Colorado Youth Tennis Foundation

Analysis

Colorado Youth Tennis Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 1982, 44 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, Colorado Youth Tennis Foundation reported income of $200k and spending of $180k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $200k (+7.0%), an average of +7.0% a year. 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, Colorado Youth Tennis Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include Katy Soccer Academy 14 ($200k), Shimmy Inc ($200k) and Goldies Youth Sports ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $403k against liabilities of $73k, net assets of $330k.