Columbus Marathon

Analysis

Columbus Marathon is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 1991, 35 years ago. 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, Columbus Marathon reported income of $1.8m and spending of $1.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.8m (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 901%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbus Marathon sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Gymnastics Olympica USA Inc ($1.8m), International Society of Hair Surgeons ($1.8m) and Kauai Economic Development Board Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.