I had a huge bookmarks folder that stored all my recipe clips on my browser.
When it got too much, I tried out Mac Gourmet. It takes a bit of time to input the recipes into the correct format.
Needless to say, I gave up after a while, and am very happy with Evernote at the moment. You can clip directly from your browser, images and all, and then save it to an application on your computer. It also syncs to smartphones and is stored in the cloud, so you never have to worry about your computer crashing and losing all the saved data.
Remember Everything | Evernote Corporation
Forgot to mention. You can organize by notebooks or tags, or do both. I just tag my recipes by ingredient and cooking method, and then search for them when I need something new to try.