Erie Yacht Club Foundation Inc

What it says it does

“The Foundations mission is to advance maritime education promote youth and intercollegiate sailing and expand opportunities in boating.”From the organization's Form 990 for the year ending Oct 2025, as written (including spelling); all-capital text shown in normal capitalization.

Erie Yacht Club Foundation Inc finances

From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 2 filed years. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.

Where the money goes, year ending Oct 2025

• Programs $64,311 (61%)
• Management and general $32,847 (31%)
• Fundraising $8,539 (8%)

Where the money comes from, year ending Oct 2025

• Gifts and grants $136,694 (87%)
• Program fees $0 (0%)
• Investment income $19,803 (13%)
• Other -$20,585

Other is negative: the filing nets losses, for example on events or investments, against income. Percentages use only the positive sources and are rounded, so they may not add to 100.

People: 0 employees and 0 volunteers reported for the year ending Oct 2025. Counts only; BackPR does not publish names of officers or staff.

Revenue trend: Steady. Revenue went from $105,826 (year ending Oct 2021) to $135,912 (Oct 2025), about +6% a year.

Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. Pennsylvania nonprofit.

How it compares

5 of 32 amateur sports nonprofits in Erie when sorted from largest to smallest revenue. This shows size only, not quality. Groups with no reported revenue are listed last.

Size: revenue of $135,912 is higher than roughly 50 to 60% of the 1,069 amateur sports nonprofits in Pennsylvania that report revenue to the IRS (the city count above also includes groups with none). The median is $104,464.

Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all Pennsylvania groups of this type (Amateur sports, which covers several IRS activity codes). Size only, not a rating.

Around Erie and its county

Erie County, Pennsylvania: the Census Bureau estimates about 54,328 children under 18 (July 1, 2024). This directory lists 129 youth and community nonprofits with a mailing ZIP code in the county, about 2.4 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.

This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.

Licensed programs in Erie

61 licensed child care centers are in state licensing records and listed in the BackPR finder. The examples below are not related to this organization.

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