Hingham Yacht Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,167,435 | 1,117,185 | 50,250 | 15.3 | 26% |
| 2013 | 1,149,726 | 1,081,883 | 67,843 | 16.6 | 20% |
| 2014 | 1,156,988 | 1,131,486 | 25,502 | 16.1 | 21% |
| 2015 | 1,197,922 | 1,166,055 | 31,867 | 16.0 | 19% |
| 2016 | 1,195,904 | 1,191,795 | 4,109 | 15.7 | 20% |
| 2017 | 1,213,607 | 1,160,499 | 53,108 | 16.6 | 20% |
| 2018 | 1,289,386 | 1,202,327 | 87,059 | 16.9 | 21% |
| 2019 | 1,339,188 | 1,239,211 | 99,977 | 17.4 | 21% |
| 2020 | 1,127,948 | 957,188 | 170,760 | 24.6 | 27% |
| 2021 | 1,468,518 | 1,246,335 | 222,183 | 21.1 | 22% |
| 2022 | 1,580,488 | 1,536,655 | 43,833 | 17.4 | 19% |
| 2023 | 1,634,506 | 1,612,696 | 21,810 | 16.8 | 20% |
In its most recent public year (2023), this organization brought in $21,810 more than it spent. Its reserves stood at about 16.8 months of spending, up from 15.3 in 2012. Staff pay was 20% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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