Rock Hall Yacht Club Sailing School Inc

Analysis

Rock Hall Yacht Club Sailing School Inc is a registered charity in United States, based in Rock Hall, MD. It received its IRS tax-exemption ruling in March 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, Rock Hall Yacht Club Sailing School Inc reported income of $96k and spending of $81k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $96k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rock Hall Yacht Club Sailing School Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Friends of Lancer Football ($96k), United States Bowling Congress Inc ($96k) and Friends of Coast Walk Trail ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 59% of the total. At year end it held assets of $107k against liabilities of $14k, net assets of $94k.