Wembly Swim & Racquet Club
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Wembly Swim & Racquet Club is a 501(c)(7) organization based in Richmond, Virginia, registered in 1964, with $145,324 in FY2023 revenue. CharityIndex grades it B.
1311 Gaskins Rd, Richmond, VA, 23238 EIN 51-0246374 Since 1964
Revenue (FY2023)
$145K
▼ 7.0% vs prior year
Expenses (FY2023)
$126K
Net assets
$679K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Wembly Swim & Racquet Club— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating65 mo reserves · +13% margin
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 Wembly Swim & Racquet Club: 65 mo reserves · +13% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Wembly Swim & Racquet Club— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Wembly Swim & Racquet Club: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $100K (FY2013) to $145K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $679K
Operating margin
13.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$679K
Total liabilities
$0
Net assets
$679K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $145,324▼7.0% | $126,218▲1.7% | $678,518▲1.7% | $678,518▲1.7% | 990 |
| 2022 | $156,219▲6.9% | $124,122▼13.7% | $667,482▲6.1% | $667,482▲6.1% | 990 |
| 2021 | $146,127▲17.1% | $143,791▲24.0% | $629,354▲0.4% | $629,354 | 990 |
| 2020 | $124,799▲105% | $116,000▲261% | $627,018▲1.4% | $629,263▲0.5% | 990 |
| 2019 | $60,739▼35.7% | $32,097▼62.4% | $618,219▲4.9% | $626,412▲1.9% | 990 |
| 2018 | $94,507▼5.8% | $85,284▲1.7% | $589,577▲1.6% | $614,526▲1.3% | 990 |
| 2017 | $100,335▲20.1% | $83,897▼3.5% | $580,354▲2.9% | $606,814▼0.1% | 990 |
| 2016 | $83,530▼8.2% | $86,940▼7.3% | $563,916▼0.6% | $607,154▼0.2% | 990 |
| 2015 | $91,012▼8.2% | $93,784▼9.3% | $567,326▼0.5% | $608,106▼0.3% | 990 |
| 2014 | $99,090▼1.1% | $103,423▼5.1% | $570,098▼0.8% | $609,685▼1.6% | 990 |
| 2013 | $100,143 | $108,969▼6.5% | $574,431▼1.5% | $619,624▼2.2% | 990 |
| 2012 | — | $116,485▲3.8% | $583,257▼3.0% | $633,856▼3.5% | 990 |
| 2011 | — | $112,268▲2.1% | $601,484▼1.4% | $656,814▲7.6% | 990 |
| 2010 | — | $109,935 | $610,296 | $610,296 | 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.
Frequently asked questions
- Is Wembly Swim & Racquet Club a legitimate nonprofit?
- Yes. Wembly Swim & Racquet Club is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 51-0246374, based in Richmond, Virginia.
- What is Wembly Swim & Racquet Club's EIN?
- Wembly Swim & Racquet Club's Employer Identification Number (EIN) is 51-0246374.
- How much revenue does Wembly Swim & Racquet Club report?
- Wembly Swim & Racquet Club reported $145,324 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Wembly Swim & Racquet Club have?
- CharityIndex grades Wembly Swim & Racquet Club B, based on financial health (reserves and operating margin).
More nonprofits in Richmond
Explore more
Data for Wembly Swim & Racquet Club (EIN 51-0246374) 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.