Agamenticus Yacht Club of York

Analysis

Agamenticus Yacht Club of York is a registered charity in United States, based in York Harbor, ME. It received its IRS tax-exemption ruling in March 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agamenticus Yacht Club of York reported income of $152k and spending of $175k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $373k to $152k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agamenticus Yacht Club of York sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 41st percentile within ME. Charities of a similar size with the same main cause include New Jersey Choral Society Inc ($152k), Little League Baseball Inc ($152k) and Country Dance and Song Society Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 31% of the total. At year end it held assets of $411k against liabilities of $9,055, net assets of $402k.