The Clarence Demar Marathon Inc

Analysis

The Clarence Demar Marathon Inc is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Clarence Demar Marathon Inc reported income of $184k and spending of $159k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $184k (+4.2%), an average of +4.2% a year. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Clarence Demar Marathon Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within NH. Charities of a similar size with the same main cause include Friends of the Kardelen Foundation ($184k), Richmond Region Tourism Foundation ($184k) and Tim Kerr Charities Inc ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. At year end it held assets of $182k against liabilities of $0, net assets of $182k.