Pacific Beach Tennis Club

Analysis

Pacific Beach Tennis Club is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 1976, 50 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, Pacific Beach Tennis Club reported income of $354k and spending of $297k, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $224k to $354k (+58%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 34%. 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, Pacific Beach Tennis Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Benicia Youth Soccer ($354k), Victor Swim Club Inc ($354k) and Glacier Falls Figure Skating Club Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $101k (34% of expenses). Other salaries and wages came to $73k. At year end it held assets of $195k against liabilities of $11k, net assets of $184k. It reported 8 employees.