Bayview Yacht Club Junior Sailors Inc

Analysis

Bayview Yacht Club Junior Sailors Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bayview Yacht Club Junior Sailors Inc reported income of $205k and spending of $294k, spending 143% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $106k to $205k (+93%), an average of +18% a year. The sharpest change came in the year to September 2020, when income rose by 170%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bayview Yacht Club Junior Sailors Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Chagrin Falls Soccer Association Inc ($205k), Albert Lea Amateur Hockey Association ($205k) and Ohio Association of Track & Cross Country Coaches ($205k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% and program service revenue 39% of the total. Other salaries and wages came to $67k. At year end it held assets of $706k against liabilities of $14k, net assets of $692k. It reported 9 employees.