Tulsa Route 66 Marathon Inc

Analysis

Tulsa Route 66 Marathon Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Tulsa Route 66 Marathon Inc reported income of $873k and spending of $919k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $873k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tulsa Route 66 Marathon 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 78th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Madison County Fair and Horse Show Inc ($873k), Yoga 4 Change Incorporated ($873k) and Elevated Life Community Center Inc ($873k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $362k against liabilities of $547k, net assets of -$185k. It reported 1 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.