Professional Tennis Registry Foundation

Analysis

Professional Tennis Registry Foundation is a registered charity in United States, based in Daniel Island, SC. It received its IRS tax-exemption ruling in March 1979, 47 years ago. 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 March 2023, Professional Tennis Registry Foundation reported income of $139k and spending of $87k, leaving 38% of income unspent that year. The sharpest change came in the year to March 2023, when income rose by 676%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Professional Tennis Registry Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Brooksville Free Public Library Inc ($139k), PTA Colorado Congress ($139k) and PTA New York Congress ($138k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 14% of the total. Other salaries and wages came to $23k. At year end it held assets of $601k against liabilities of $0, net assets of $601k.