Charity Search / HUDSON RIVER COMMUNITY SAILING INC
Recreation & Sports (N67) IRS Verified DX Registered 990 on File

HUDSON RIVER COMMUNITY SAILING INC

EIN: 26-1784215 · NEW YORK, NY 10011-0012 · United States · FY 2023 Data
3 out of 5 42 / 100 Based on 2+ years of filings
Financial strength (30%) No data yet
Reliability (20%) 76/100
Effectiveness (25%) 57/100
Impact (25%) 50/100
Financial data: FY 2025 · Scored 9/13/2026
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HUDSON RIVER COMMUNITY SAILING INC logo
21
CharityAI™ Score
out of 100
Mission Statement

HRCS is a nonprofit educational organization with a dual mission: developing leadership and academic success in underserved New York City youth, and providing maritime education to the city at large. Core to our work is the belief that everyone can learn to sail, and that sailing provides a unique opportunity for growth and discovery. Across all of our programs, HRCS is committed to creating an equitable, inclusive, and welcoming space for all.

Financial Overview — FY 2023
$2.3M
Total Revenue
$2.5M
Total Expenses
$1.6M
Net Assets
86
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.6%
Fundraising Efficiency 280.9%
Operating Reserve 8.00x
Liability-to-Asset 22.0%
Revenue Diversification 52.6%
Executive Compensation $131K
Compared with Peers
FY 2025
Compared with 967 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2025. This organization's figures are from FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
78.6% 87.8%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
10.7% 9.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
10.7% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
280.9% 10.1%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
8.0 mo 7.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
22.0% 11.6%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
52.6% 90.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-4.4% 8.1%
P10P90
Expense growth
Year over year expense growth
14.9% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
-9.3% 2.7%
P10P90
CharityAI™ Evaluation — 2026
21 / 100
0
Financial
38
Reliability
45
Effectiveness
10
Impact
Financial Strength (30%) 0
Reliability & Transparency (20%) 38
Program Effectiveness (25%) 45
Impact & Outcomes (25%) 10

75% Data Complete
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
College + Career Prep, SEL & Leadership, STEM Identity & Sailing Skills 700 $1,214.29 — Per Year
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $2.3M $2.5M $1.6M 78.6% 86
2022 $2.4M $2.1M $1.9M 80.3% 66
2021 $2.1M $2.0M $1.6M 77.0% 38
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Organization Details
EIN
26-1784215
State
NY
City
NEW YORK
ZIP
10011-0012
Classification
N67
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2008
Foundation Code
15
Form 990
On File
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