Marathon Kids Inc

Analysis

Marathon Kids Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Marathon Kids Inc reported income of $1.7m and spending of $2.2m, spending 124% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $1.6m to $1.7m (+8.7%), an average of +2.8% a year. The sharpest change came in the year to May 2023, when income rose by 36%. Over the whole period it spent 119% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Marathon Kids Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Clubs of the Valley Foundation ($1.7m), United States Youth Volleyball League ($1.7m) and Minds Matter National Inc ($1.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $112k (5.2% of expenses). Other salaries and wages came to $689k. At year end it held assets of $2.5m against liabilities of $314k, net assets of $2.2m. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.