Arizona Tennis Charities

Analysis

Arizona Tennis Charities is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 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 June 2023, Arizona Tennis Charities reported income of $1.2m and spending of $1.1m, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $845k to $1.2m (+37%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arizona Tennis Charities sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Aurora Ice Association Inc ($1.2m), Sun Prairie Ice ($1.2m) and Grand Junction Air Show Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $180k against liabilities of $239, net assets of $180k.