Southwest Tennis Foundation Inc

Analysis

Southwest Tennis Foundation Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in October 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Southwest Tennis Foundation Inc reported income of $53k and spending of $50k, spending 95% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $243k to $53k (-78%), an average of -53% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 23% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southwest Tennis Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within AZ. Charities of a similar size with the same main cause include JC Cares Foundation ($53k), Nashville Catholic Youth Wrestling Inc ($53k) and Giving Back New York Inc ($53k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.