Public Charity

BOSTON YACHT CLUB

BOSTON YACHT CLUB is a nonprofit organization categorized as Public Charity based in MARBLEHEAD, MA. Its most recent IRS filing (2024) reports revenue of $3.6M, expenses of $3.6M, total assets of $3.7M.

EIN: 041108550 MARBLEHEAD, MA Latest filing: 2024
Total Revenue$3.6M
Total Expenses$3.6M
Total Assets$3.7M
Grant Records0
Filing Years2019–2024

Mission

TO PROMOTE THE GENERAL INTEREST OF THE MEMBERS IN YACHTING, PROVIDE A SOCIAL RELATIONSHIP AMONG MEMBERS AND PROVIDE FACILITIES FOR MEMBER YACHTING.

Where $100 goes at Boston Yacht Club

How Boston Yacht Club divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$80 Programs the work itself
$20 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $80 for programs

$80
Tax exempt club activities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Anne Moses
TRUSTEE Anthony Santoro
COMMODORE Bruce Baker
TRUSTEE Carol Arnold
TRUSTEE David Anderson
TREASURER Donald R Humphrey Jr

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.6M $3.6M $3.7M
2023 $3.6M $3.9M $3.9M
2022 $3.3M $3.5M $4.1M
2020 $2.5M $2.5M $4.2M
2019 $3.2M $3.1M $4.2M

Between 2019 and 2024, reported annual revenue grew from $3.2M to $3.6M (+13%), with total assets most recently reported at $3.7M.

Interactive year-over-year charts and full filing details available with membership.

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