New York Yacht Club
New York Yacht Club maintains stable finances with consistent revenue growth and no reported officer compensation.
EIN: 131102800 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34.9M |
| Total Expenses | $26.9M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $50.0M |
| Transparency Score | 75/100 |
Is New York Yacht Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Yacht Club directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New York Yacht Club
New York Yacht Club (EIN: 131102800) is a nonprofit organization based in New York, NY. The organization reported total revenue of $34.9M and total assets of $54.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Yacht Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Yacht Club is a large nonprofit that has been operating for 92 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.0M |
| Total Expenses | $26.9M |
| Surplus / Deficit | +$106K |
| Total Assets | $53.2M |
| Total Liabilities | $3.2M |
| Net Assets | $50.0M |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 23.8 months |
Financial Health Grade: A
In 2023, New York Yacht Club reported a surplus of $106K with revenue exceeding expenses, holds 23.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Yacht Club's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +11.5% | +3.3% |
| 2022 | +9.7% | +17.8% | -5.5% |
| 2021 | +47.1% | +17.6% | +8.4% |
| 2020 | -40.2% | -29.2% | -2.9% |
| 2019 | +20.4% | +22.5% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1934 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New York Yacht Club with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New York Yacht Club allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $106K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.0%.
Executive Compensation Analysis
The New York Yacht Club consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with assets exceeding $50 million. This suggests that executive leadership may be entirely volunteer-based or compensated through mechanisms not categorized as 'Officer Comp' on the IRS 990 summary.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New York Yacht Club's IRS 990 filings:
- Lack of detailed expense breakdown in summary data, making program efficiency assessment difficult.
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could mask executive benefits or compensation structures.
Strengths
The following positive indicators were identified for New York Yacht Club:
- Consistent revenue growth, from $17.7M in 2014 to $26.9M in 2023.
- Healthy asset growth, increasing from $44.1M in 2014 to $53.2M in 2023.
- Strong financial stability with low liabilities relative to assets (e.g., $3.2M liabilities vs. $53.2M assets in 2023).
- Operational expenses generally align with revenues, indicating sound financial management.
Frequently Asked Questions about New York Yacht Club
Is New York Yacht Club a legitimate charity?
New York Yacht Club (EIN: 131102800) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $34.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New York Yacht Club spend its money?
New York Yacht Club directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to New York Yacht Club tax-deductible?
New York Yacht Club is registered as a tax-exempt nonprofit (EIN: 131102800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Yacht Club CEO make?
New York Yacht Club's highest-compensated officer earns $50 annually. The organization reported $34.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Yacht Club's spending goes to programs?
New York Yacht Club directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New York Yacht Club located?
New York Yacht Club is headquartered in New York, New York and files with the IRS under EIN 131102800.
How many years of IRS 990 filings does New York Yacht Club have?
New York Yacht Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $34.9M in total revenue.
What is the New York Yacht Club's primary mission and how is it achieved?
Based on the financial data, the organization operates with significant revenue and assets, suggesting substantial activities. However, without NTEE code or detailed program expense breakdown, the specific mission and its execution remain unclear from this summary data.
How does the New York Yacht Club manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It could indicate a fully volunteer executive board, or that compensation is structured and reported under different expense categories, requiring a deeper dive into the full 990 forms.
What is the breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for assessing spending efficiency and would require reviewing the full IRS 990 forms.
Is the New York Yacht Club financially sustainable given its operational patterns?
Yes, the New York Yacht Club appears financially sustainable. It has consistently generated revenues that meet or slightly exceed expenses, leading to steady asset growth from $44.1M in 2014 to $53.2M in 2023, and maintains low liabilities relative to assets.
Filing History
IRS 990 filing history for New York Yacht Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Yacht Club's revenue has grown by 66.5%, moving from $16.2M to $27.0M. Total assets increased by 35.2% over the same period, from $39.4M to $53.2M. Total functional expenses rose by 83.5%, from $14.6M to $26.9M. In its most recent filing year (2023), New York Yacht Club reported a surplus of $106K, with revenue exceeding expenses. The organization holds $3.2M in liabilities against $53.2M in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $50.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.0M | $26.9M | $53.2M | $3.2M | — | — |
| 2022 | $24.9M | $24.1M | $51.6M | $2.8M | — | View 990 |
| 2021 | $22.7M | $20.5M | $54.6M | $4.3M | — | View 990 |
| 2020 | $15.4M | $17.4M | $50.3M | $2.4M | — | View 990 |
| 2019 | $25.8M | $24.6M | $51.8M | $2.5M | — | — |
| 2018 | $21.4M | $20.1M | $49.4M | $2.6M | — | View 990 |
| 2017 | $21.2M | $19.5M | $47.9M | $1.9M | — | View 990 |
| 2016 | $19.3M | $18.2M | $46.2M | $1.8M | — | View 990 |
| 2015 | $18.4M | $17.1M | $44.9M | $2.0M | — | View 990 |
| 2014 | $17.8M | $16.5M | $44.1M | $2.3M | — | View 990 |
| 2013 | $16.5M | $15.6M | $42.2M | $1.9M | — | View 990 |
| 2012 | $16.0M | $14.9M | $40.7M | $1.7M | — | View 990 |
| 2011 | $16.2M | $14.6M | $39.4M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.0M, expenses of $26.9M, and assets of $53.2M (revenue +8.6% year-over-year).
- 2022: Revenue of $24.9M, expenses of $24.1M, and assets of $51.6M (revenue +9.7% year-over-year).
- 2021: Revenue of $22.7M, expenses of $20.5M, and assets of $54.6M (revenue +47.1% year-over-year).
- 2020: Revenue of $15.4M, expenses of $17.4M, and assets of $50.3M (revenue -40.2% year-over-year).
- 2019: Revenue of $25.8M, expenses of $24.6M, and assets of $51.8M (revenue +20.4% year-over-year).
- 2018: Revenue of $21.4M, expenses of $20.1M, and assets of $49.4M (revenue +1.0% year-over-year).
- 2017: Revenue of $21.2M, expenses of $19.5M, and assets of $47.9M (revenue +10.0% year-over-year).
- 2016: Revenue of $19.3M, expenses of $18.2M, and assets of $46.2M (revenue +4.9% year-over-year).
- 2015: Revenue of $18.4M, expenses of $17.1M, and assets of $44.9M (revenue +3.4% year-over-year).
- 2014: Revenue of $17.8M, expenses of $16.5M, and assets of $44.1M (revenue +7.6% year-over-year).
- 2013: Revenue of $16.5M, expenses of $15.6M, and assets of $42.2M (revenue +3.1% year-over-year).
- 2012: Revenue of $16.0M, expenses of $14.9M, and assets of $40.7M (revenue -1.2% year-over-year).
- 2011: Revenue of $16.2M, expenses of $14.6M, and assets of $39.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Yacht Club:
Data Sources and Methodology
This transparency report for New York Yacht Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.