Adirondack Marathon Inc

Analysis

Adirondack Marathon Inc is a registered charity in United States, based in Schroon Lake, NY. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Adirondack Marathon Inc reported income of $67k and spending of $71k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $67k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adirondack Marathon Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Anchorage School Business Partnership Inc ($67k), Mission Bay High School Community Foundation ($67k) and Beat 1 Voluntary Fire Department ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.