Overview

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Est.

1890

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Racquet and Tennis Club, identified by EIN 13-1194010, is a nonprofit organization dedicated to promoting sports among its members while maintaining a clubhouse that features various athletic and dining facilities, as well as a sports library for their enjoyment. With an operating budget of $18.1 million and total revenue of $16.8 million for the filing year 2024, the organization plays a significant role in its community. There is no indication that it relies on a single funder for 50% or more of its revenue.

Mission Statement

TO ENCOURAGE SPORTS AMONG ITS MEMBERS & TO MAINTAIN A CLUBHOUSE INCLUDING VARIOUS ATHLETIC & DINING FACILITIES, & A SPORTS LIBRARY FOR THE USE AND ENJOYMENT OF ITS MEMBERS.
Revenues
$16.8M
Expenses
$18.1M
Net Income:
-$1.3M
Assets
$25.3M
Liabilities
$6.7M
Net Assets:
+$18.7M
Operating Budget
$18.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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R
Robert Kurtz
Board Member
M
Morris W Clothier
Board Member
W
Winthrop Rutherfurd Jr
Board Member

Frequently Asked Questions

What is RACQUET AND TENNIS CLUB’s budget?
In 2024, RACQUET AND TENNIS CLUB reported an annual operating budget of around $18.1 million. More detailed financial information is available to registered users.
What causes does RACQUET AND TENNIS CLUB support?
RACQUET AND TENNIS CLUB supports work in Sports.
Where does RACQUET AND TENNIS CLUB operate?
RACQUET AND TENNIS CLUB is headquartered in New York, NY.