Albany Marathon Inc

Analysis

Albany Marathon Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2023, Albany Marathon Inc reported income of $97k and spending of $111k, spending 115% of what it took in. Across the 2 years on record, from May 2022 to June 2023, income fell from $104k to $97k (-7.3%), an average of -7.3% a year. Over the whole period it spent 121% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Albany Marathon Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Arizona Business Council for Alcohol Education ($97k), Pleasant Hill Foundation ($97k) and Cong Ezras Yesomim Fund Inc ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $101k against liabilities of $370, net assets of $101k.