Chapoquoit Yacht Club Inc

Analysis

Chapoquoit Yacht Club Inc is a registered charity in United States, based in West Falmouth, MA. It received its IRS tax-exemption ruling in December 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Chapoquoit Yacht Club Inc reported income of $117k and spending of $140k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $92k to $117k (+27%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chapoquoit Yacht Club Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Omek Foundatioin ($117k), Babcock House Corp ($117k) and Keller High School Cheerleaders ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 29% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.