Kitsap Tennis and Athletic Center

Analysis

Kitsap Tennis and Athletic Center is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in July 2014, 12 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, Kitsap Tennis and Athletic Center reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $898k to $1.1m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kitsap Tennis and Athletic Center 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 81st percentile within WA. Charities of a similar size with the same main cause include Sun Devil Gymnastics Booster Club ($1.1m), Game Point Volleyball Inc ($1.1m) and SC Gjoa Youth Soccer Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $77k (7.0% of expenses). Other salaries and wages came to $478k. At year end it held assets of $1.1m against liabilities of $560k, net assets of $534k. It reported 66 employees.