Harrington Grove Swim & Racquet Club Inc is a 501(c)(7) organization based in Raleigh, North Carolina, registered in 1998, with $427,307 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$427K
▲ 18.2% vs prior year
Expenses (FY2024)
$440K
Net assets
$322K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Harrington Grove Swim & Racquet Club Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Harrington Grove Swim & Racquet Club Inc: 9 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Harrington Grove Swim & Racquet Club Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Harrington Grove Swim & Racquet Club Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $185K (FY2013) to $427K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-3.1%
Spent more than it raised in the latest fiscal year.
Total assets
$985K
Total liabilities
$663K
Net assets
$322K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $427,307▲18.2% | $440,396▲27.0% | $322,002▼3.9% | $985,383▼4.7% | 990 |
| 2023 | $361,419▼1.6% | $346,815▲1.6% | $335,091▲4.6% | $1,033,693▼3.0% | 990 |
| 2022 | $367,234▲12.1% | $341,513▲31.8% | $320,487▲8.7% | $1,065,465▼1.7% | 990 |
| 2021 | $327,626▲41.4% | $259,138▲0.2% | $294,766▲30.3% | $1,084,219▲3.4% | 990 |
| 2020 | $231,717▲3.4% | $258,699▲20.4% | $226,278▼25.9% | $1,048,158▲21.3% | 990 |
| 2015 | $224,183▼2.2% | $214,795▲17.2% | $305,221▲3.2% | $864,207▼0.8% | 990 |
| 2014 | $229,289▲23.7% | $183,246▲9.8% | $295,833▲18.4% | $871,033▲40.1% | 990 |
| 2013 | $185,379 | $166,841▲43.9% | $249,790▲8.0% | $621,627▲70.4% | 990 |
| 2012 | — | $115,906▼16.7% | $231,252▲41.4% | $364,899▲123% | 990 |
| 2011 | — | $139,071 | $163,541 | $163,541 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Harrington Grove Swim & Racquet Club Inc (EIN 56-1623021) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.