Fairbanks Tennis Association

Analysis

Fairbanks Tennis Association is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in March 1998, 28 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 (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, Fairbanks Tennis Association reported income of $125k and spending of $86k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $118k to $125k (+5.8%), an average of +2.9% a year. Over the whole period it spent 72% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fairbanks 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 43rd percentile, and in the 38th percentile within AK. Charities of a similar size with the same main cause include Transforming Youth Outdoors ($124k), Building Twentyone ($125k) and Dewitt County 4-H Fair Association ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $2,150 (2.5% of expenses). Other salaries and wages came to $27k. At year end it held assets of $617k against liabilities of $3,702, net assets of $614k. It reported 17 employees.