Ipswich Bay Yacht Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 430,587 | 391,830 | 38,757 | 24.8 | 39% |
| 2012 | 447,422 | 411,048 | 36,374 | 24.7 | 35% |
| 2013 | 502,290 | 453,707 | 48,583 | 23.7 | 38% |
| 2014 | 488,064 | 456,463 | 31,601 | 24.4 | 37% |
| 2015 | 591,103 | 528,325 | 62,778 | 22.5 | 28% |
| 2016 | 613,358 | 522,583 | 90,775 | 24.8 | 31% |
| 2017 | 590,247 | 510,856 | 79,391 | 27.2 | 37% |
| 2018 | 652,624 | 551,753 | 100,871 | 27.4 | 37% |
| 2019 | 724,076 | 592,483 | 131,593 | 28.2 | 39% |
| 2020 | 743,769 | 667,695 | 76,074 | 26.4 | 45% |
| 2021 | 779,446 | 669,257 | 110,189 | 28.3 | 41% |
| 2022 | 841,135 | 729,764 | 111,371 | 27.8 | 41% |
| 2023 | 959,621 | 812,210 | 147,411 | 27.1 | 0% |
In its most recent public year (2023), this organization brought in $147,411 more than it spent. Its reserves stood at about 27.1 months of spending, up from 24.8 in 2011. Staff pay was 0% 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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