Public Charity

Carolina Yacht Club

Carolina Yacht Club is a Public Charity headquartered in CHARLESTON, SC. Financial data from the 2026 filing: $11.2M revenue, $10.2M expenses, $23.6M total assets.

EIN: 570136200 CHARLESTON, SC Latest filing: 2026
Total Revenue$11.2M
Total Expenses$10.2M
Total Assets$23.6M
Grant Records0
Filing Years2022–2026

Mission

SOCIAL CLUB ORGANIZED FOR PLEASURE, RECREATION AND OTHER NON-PROFITABLE PURPOSES OF MEMBERS.

Where $100 goes at Carolina Yacht Club

How Carolina Yacht Club divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$14 Programs the work itself
$86 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 $14 for programs

$5
Clubhouse & boathouse restaurant operation-all members and their guests can benefit
34% of program spending
$5
Clubhouse & boathouse banquet operations-all members and guests can benefit
33% of program spending
$4
Sailing & special events-all members and guests can benefit
33% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Member Burk Yarbrough Herrin Jr
Solicitor Carroll Allen Gibson Jr
Secretary-Treasurer David Polson Brown
Member Dr John F Walters
Fleet Surgeon Dr Walter Dale Blessing Jr
Member Graham Manly Eubank Jr

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2026 $11.2M $10.2M $23.6M
2025 $10.7M $8.5M $23.2M
2024 $10.3M $8.1M $21.5M
2023 $9.0M $7.7M $20.1M
2022 $7.9M $6.7M $19.5M

Between 2022 and 2026, reported annual revenue grew from $7.9M to $11.2M (+42%), with total assets most recently reported at $23.6M.

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

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