Kimberly Park Tennis Association

Analysis

Kimberly Park Tennis Association is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in July 2019, 7 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, Kimberly Park Tennis Association reported income of $107k and spending of $107k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $105k to $107k (+1.8%), an average of +0.9% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kimberly Park Tennis Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Abington Area Girls Softball League Inc ($107k), Shark Wave Aquatic Team Inc ($107k) and Play Right Sports Academy Inc ($107k).

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 $2,000. At year end it held assets of $21k against liabilities of $0, net assets of $21k. It reported 1 employees.