Pacific Cup Yacht Club

Analysis

Pacific Cup Yacht Club is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 2014, 12 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, Pacific Cup Yacht Club reported income of $168k and spending of $77k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $40k to $168k (+315%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 763%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pacific Cup Yacht Club sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Hockomock League Sports Inc ($168k), Tamiami Lacrosse Club Inc ($168k) and Sisters Across America Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. At year end it held assets of $238k against liabilities of $3,286, net assets of $235k.