Washington Yacht & Country Club Inc
501(c)(7)
Only null% goes to programs Thin reserves
Washington Yacht & Country Club Inc is a 501(c)(7) organization based in Washington, North Carolina, registered in 1950, with $1,859,824 in FY2024 revenue. CharityIndex grades it D.
7155 River Rd, Washington, NC, 27889 EIN 56-0523297 Since 1950
Revenue (FY2024)
$1.9M
▲ 7.0% vs prior year
Expenses (FY2024)
$1.8M
Net assets
-$454K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Washington Yacht & Country Club Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +1% 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 Washington Yacht & Country Club Inc: 0 mo reserves · +1% margin earns a D 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 Washington Yacht & Country Club 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 Washington Yacht & Country Club Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7155 River Rd, Washington, NC, 27889
- City
- Washington
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.8M (FY2013) to $1.9M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.3MNet assets -$454K
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$895K
Total liabilities
$1.3M
Net assets
-$454K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,859,824▲7.0% | $1,847,330▼2.4% | -$454,469▲2.7% | $894,637▲1.4% | 990 |
| 2023 | $1,737,397▼7.7% | $1,892,716▼5.0% | -$466,963▼50.1% | $882,269▼11.9% | 990 |
| 2022 | $1,882,670▲10.7% | $1,991,429▲30.3% | -$311,144▼53.7% | $1,001,420▼14.5% | 990 |
| 2021 | $1,700,060▲51.1% | $1,528,166▲13.2% | -$202,485▲32.7% | $1,171,320▲18.2% | 990 |
| 2019 | $1,125,277▼4.6% | $1,349,739▲17.2% | -$300,697▼337% | $991,004▼18.7% | 990 |
| 2018 | $1,179,164▲19.8% | $1,151,283▲6.5% | -$68,735▲32.0% | $1,219,392▲5.8% | 990 |
| 2017 | $984,615▲5.6% | $1,080,623▼3.4% | -$101,116▼478% | $1,152,321▼8.7% | 990 |
| 2016 | $932,456▼7.5% | $1,118,585▲1.0% | -$17,508▼111% | $1,261,902▼10.9% | 990 |
| 2015 | $1,008,489▼24.7% | $1,107,448▼21.2% | $156,721▲191% | $1,416,162▼6.0% | 990 |
| 2014 | $1,339,181▼23.9% | $1,405,058▼21.0% | -$171,520▼66.0% | $1,506,341▼9.3% | 990 |
| 2013 | $1,760,613 | $1,778,613▼19.6% | -$103,343▼33.6% | $1,660,020▼9.4% | 990 |
| 2012 | — | $2,213,355▼3.9% | -$77,343▲19.6% | $1,832,651▼10.0% | 990 |
| 2011 | — | $2,302,765▲12.4% | -$96,235▼186% | $2,035,781▼6.2% | 990 |
| 2010 | — | $2,048,941 | $112,309 | $2,169,541 | 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 Washington Yacht & Country Club Inc a legitimate nonprofit?
- Yes. Washington Yacht & Country Club Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 56-0523297, based in Washington, North Carolina.
- What is Washington Yacht & Country Club Inc's EIN?
- Washington Yacht & Country Club Inc's Employer Identification Number (EIN) is 56-0523297.
- How much revenue does Washington Yacht & Country Club Inc report?
- Washington Yacht & Country Club Inc reported $1,859,824 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Washington Yacht & Country Club Inc have?
- CharityIndex grades Washington Yacht & Country Club Inc D, based on financial health (reserves and operating margin).
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Data for Washington Yacht & Country Club Inc (EIN 56-0523297) 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.