Southern California Tennis Association Foundation

Analysis

Southern California Tennis Association Foundation is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Southern California Tennis Association Foundation reported income of $3.3m and spending of $4.6m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.3m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 775%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southern California Tennis Association Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Star House Foundation ($3.3m), Salem Foundation Pioneer Trust Company Trustee ($3.3m) and Handson Bay Area ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $135k. At year end it held assets of $1.5m against liabilities of $882k, net assets of $599k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.