Tahoe Yacht Club Foundation Inc

Analysis

Tahoe Yacht Club Foundation Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Tahoe Yacht Club Foundation Inc reported income of $426k and spending of $412k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $359k to $426k (+19%), an average of +4.4% a year. The sharpest change came in the year to September 2022, when income rose by 9378%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tahoe Yacht Club Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within NV. Charities of a similar size with the same main cause include Russian Leadership Ministries ($426k), Pulsera Project ($426k) and Love Fund Inc ($425k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 91% of the total. At year end it held assets of $155k against liabilities of $52k, net assets of $103k.