San Diego Yacht Club Sailing Foundation

Analysis

San Diego Yacht Club Sailing Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, San Diego Yacht Club Sailing Foundation reported income of $156k and spending of $158k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $156k (+99%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 838%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Diego Yacht Club Sailing Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include River View Athletic Boosters ($156k), Marshall Area Youth Baseball Association ($156k) and Saugus High School Cheer Booster Association ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $5.0m against liabilities of $316k, net assets of $4.6m.