Indianapolis Monumental Marathon

Analysis

Indianapolis Monumental Marathon is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Indianapolis Monumental Marathon reported income of $2.0m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $2.0m (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 273%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indianapolis Monumental Marathon sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Texas Counseling Association ($2.0m), Friends of Guest House Inc ($2.0m) and American Indian Health Commission for Washington State ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $192k (9.8% of expenses). Other salaries and wages came to $306k. At year end it held assets of $1.8m against liabilities of $45k, net assets of $1.7m. It reported 8 employees.