Chester River Yacht & Country Club of Chestertown Inc
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Chester River Yacht & Country Club of Chestertown Inc is a 501(c)(7) organization based in Chestertown, Maryland, registered in 1948, with $3,034,717 in FY2024 revenue. CharityIndex grades it B.
7738 Quaker Neck Rd, Chestertown, MD, 21620 EIN 52-2710000 Since 1948
Revenue (FY2024)
$3.0M
▲ 1.4% vs prior year
Expenses (FY2024)
$2.8M
Net assets
$2.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Chester River Yacht & Country Club of Chestertown Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chester River Yacht & Country Club of Chestertown Inc: 12 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Chester River Yacht & Country Club of Chestertown Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chester River Yacht & Country Club of Chestertown Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7738 Quaker Neck Rd, Chestertown, MD, 21620
- City
- Chestertown
- State
- Maryland
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.7M (FY2013) to $3.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.3MNet assets $2.9M
Operating margin
7.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.1M
Total liabilities
$3.3M
Net assets
$2.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,034,717▲1.4% | $2,813,576▲3.0% | $2,850,313▲8.2% | $6,107,164▲3.0% | 990 |
| 2023 | $2,992,522▲4.1% | $2,730,848▲12.1% | $2,635,172▲11.1% | $5,931,705▲3.6% | 990 |
| 2022 | $2,875,420▲9.3% | $2,436,409▲12.5% | $2,371,898▲23.2% | $5,723,051▲9.8% | 990 |
| 2021 | $2,631,468▲25.3% | $2,165,481▲7.4% | $1,925,287▲33.0% | $5,211,213▲12.9% | 990 |
| 2020 | $2,100,583▼8.7% | $2,016,170▲4.7% | $1,448,000▲6.2% | $4,617,314▼0.1% | 990 |
| 2019 | $2,299,529▲17.7% | $1,926,021▲6.3% | $1,362,987▲38.8% | $4,623,134▲17.1% | 990 |
| 2018 | $1,952,944▲5.1% | $1,811,455▲2.3% | $981,879▲17.5% | $3,949,083▲2.3% | 990 |
| 2017 | $1,858,137▲0.3% | $1,769,934▼0.6% | $835,590▲12.1% | $3,861,125▲0.2% | 990 |
| 2016 | $1,853,471▲2.7% | $1,779,983▲2.1% | $745,587▲10.7% | $3,852,328▲5.2% | 990 |
| 2015 | $1,804,102▲7.8% | $1,743,868▲0.4% | $673,299▲10.1% | $3,663,501▲45.1% | 990 |
| 2014 | $1,674,261▼0.7% | $1,737,309▼0.3% | $611,465▼9.7% | $2,524,895▲0.2% | 990 |
| 2013 | $1,685,281 | $1,742,474▲7.6% | $677,313▲0.3% | $2,519,345▲1.4% | 990 |
| 2011 | — | $1,619,687 | $675,477 | $2,485,199 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Chester River Yacht & Country Club of Chestertown Inc a legitimate nonprofit?
- Yes. Chester River Yacht & Country Club of Chestertown Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 52-2710000, based in Chestertown, Maryland.
- What is Chester River Yacht & Country Club of Chestertown Inc's EIN?
- Chester River Yacht & Country Club of Chestertown Inc's Employer Identification Number (EIN) is 52-2710000.
- How much revenue does Chester River Yacht & Country Club of Chestertown Inc report?
- Chester River Yacht & Country Club of Chestertown Inc reported $3,034,717 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Chester River Yacht & Country Club of Chestertown Inc have?
- CharityIndex grades Chester River Yacht & Country Club of Chestertown Inc B, based on financial health (reserves and operating margin).
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Data for Chester River Yacht & Country Club of Chestertown Inc (EIN 52-2710000) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.