Woods Tennis and Educational Foundation

Analysis

Woods Tennis and Educational Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 2020, 6 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, Woods Tennis and Educational Foundation reported income of $63k and spending of $28k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $63k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 27% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Woods Tennis and Educational 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 22nd percentile within NE. Charities of a similar size with the same main cause include York Bell Conservation Reserve Inc ($63k), North American Natural Bodybuilding Federation ($63k) and River Falls Wrestling Boosters Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $182k against liabilities of $0, net assets of $182k.