Fairfield Half Marathon Road Race Inc

Analysis

Fairfield Half Marathon Road Race Inc is a registered charity in United States, based in Branford, CT. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Fairfield Half Marathon Road Race Inc reported income of $236k and spending of $227k, spending 96% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $195k to $236k (+21%), an average of +21% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairfield Half Marathon Road Race Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Westport Fair ($236k), Eastside Community Center Qalicb ($236k) and Underwater Society of America Inc ($236k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $68k (30% of expenses). At year end it held assets of $46k against liabilities of $0, net assets of $46k.