Wawasee Yacht Club
Public records raise at least one point you should look into before giving.
What it says it does
Foster, promote and encourage the sport of sailboat racing and to promote the science of seamanship.
- Income
- $176,136
- Spending
- $164,773
- Employees
- 13
- Volunteers
- 11
- Highest pay
- $4,500, junior sailing
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $19,783 spent. For over 80 years, WYC has conducted sailboat races on Lake Wawasee (Syracuse, IN) each weekend from Memorial Day to Labor Day. Four classes of one-design sailboats (E Scow / Lightning / Sunfish / I-20) allowed over 70 members to compete in races. In addition to weekly sail races, WYC also annually conducts a number of regattas that are attended by sailors from the Midwest (E Scow and Hoosier Regatta).
- $25,405 spent. WYC conducts five weeks of junior sailing classes during the summer (Jun - Jul), teaching over 170 children from ages 8 - 16 how to sail in a safe, fun, and structured environment that promotes sportsmanship, self-discipline, self-reliance, and a respect for nature and fellow sailors. The goal is to develop in each child an appreciation for, and a love of, sailing and confidence in his or her ability. The B.W. Duck Memorial Award is presented annually to the WYC Junior Sailing participant who is considered to be the "best sailor" of the season. The Alfred Tag Snook Award is presented annually to the WYC Junior Sailing participant who best demonstrates "overall excellence" in the Junior Sailing class. The honoree will have demonstrated the Corinthian Spirit through outstanding classroom work, a high level of sportsmanship, respect for others, and sound sailing skills.
- $1,567 spent. WYC also holds social events to further the interest in sailing and the club. It hosts four to five events at the clubhouse plus fun sailing events (e.g., poker runs) to spur interest in sailing.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(7) social or recreational club.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(7) social or recreational club as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1996.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.