Seattle Yacht Club
Public records raise at least one point you should look into before giving.
What it says it does
SEATTLE YACHT CLUB IS INCORPORATED FOR THE PURPOSE OF ENCOURAGING YACHTING AND BOATING OF ALL KINDS, AND THE DEVELOPMENT OF THE RECREATIONAL MARINE ADVANTAGES OF THE PACIFIC NORTHWEST.
- Income
- $11.3 million
- Spending
- $12.1 million
- Employees
- 95
- Volunteers
- 12
- Highest pay
- $220,035, general manager
Source: Form 990 for the year ending October 31, 2024, 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 October 31, 2024, 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 October 31, 2024, 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 (2)
- SEATTLE YACHT CLUB SAILING INCLUDES YOUTH SUMMER SAILING SCHOOL, ADULT SAILING LESSONS, REGATTAS, JUNIOR RACE TEAM, HIGH SCHOOL SAILING, OPTI GREEN FLEET PROGRAM.SYC IS RECOGNIZED AMONG THE LEADING YACHT CLUBS OF THE WORLD WITH A RENOWNED COMPREHENSIVE JUNIOR SAILING PROGRAM, IN WHICH THE JUNIOR RACE TEAM IS AN INTEGRAL PART. OUR JUNIOR RACE TEAM DRAWS UPON A BROAD BASE OF YOUNG SAILORS PRIMARILY FROM THE SYC SUMMER SAILING SCHOOL, SYC'S NORTHWEST INTERSCHOLASTIC HIGH SCHOOL SAILING TEAM (HS SAILING), AND COMMUNITY OUTREACH PROGRAMS. THE SYC JUNIOR RACE TEAM AND HS SAILING PROVIDE YOUTHS, FROM AGES 8 TO 18, THE OPPORTUNITY TO REACH FOR COMPETITIVE SUCCESS AT ALL LEVELS WHILE DEVELOPING ATHLETIC SKILLS, LEADERSHIP, SPORTSMANSHIP AND A LIFELONG LOVE FOR BOATING. SYC HAS GIVEN RISE TO NUMEROUS GENERATIONS OF SUCCESSFUL PACIFIC NORTHWEST SAILORS, INCLUDING MULTIPLE OLYMPIC CHAMPIONS. THE SYC RACE TEAM CONTINUES THE CLUB'S LEGACY OF ACHIEVEMENT, REPRESENTING SYC IN LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL COMPETITIONS.
- MANY SEATTLE YACHT CLUB MEMBERS CRUISE THE WATERS OF THE PACIFIC NORTHWEST IN POWERBOATS. WHETHER TOURING THE CLUB'S 10 OUTSTATIONS, LOCATED FROM GIG HARBOR IN THE SOUTH TO CORTES BAY IN THE NORTH, OR EXPLORING THE FRESH WATER LAKES, OUR MEMBERS TEND TO ENJOY THEIR TIME ON THE WATER. SYC HAS A NUMBER OF INTERESTING AND EXCITING EVENTS FOR MEMBERS WITH POWERBOATS. THESE INCLUDE FORMAL EVENTS WITH FUN INTERACTIVE THEMES, LOCAL AND LONG-RANGE CRUISES FROM PUGET SOUND TO THE CANADIAN GULF ISLANDS, AND MONTHLY DINNERS WITH EXCITING AND INFORMATIVE SPEAKERS. OUR MONTHLY CLUB DINNERS INCLUDE TOPICS ABOUT BOATING IN THE NORTHWEST AND ADVENTURES FROM AROUND THE WORLD. THESE DINNER ARE ALSO A FUN WAY TO MEET WITH FELLOW CLUB MEMBERS AND SHARE BOATING EXPERIENCES.
Source: Form 990 for the year ending October 31, 2024, 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 September 7, 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 September 30, 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 September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending October 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1921.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.