Sri Chinmoy Marathon Team Inc

Analysis

Sri Chinmoy Marathon Team Inc is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in October 2006, 20 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 January 2024, Sri Chinmoy Marathon Team Inc reported income of $183k and spending of $185k, spending 101% of its income. Across the 2 years on record, from January 2023 to January 2024, income grew from $139k to $183k (+32%), an average of +32% a year. The sharpest change came in the year to January 2024, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sri Chinmoy Marathon Team Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include All Star Booster Club Inc ($183k), Seven Fifty Nine Club Inc ($183k) and Seattle Jr Totems ($183k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 13% of the total. At year end it held assets of $18k against liabilities of $1,041, net assets of $17k.