Cincinnati Marathon Inc

Analysis

Cincinnati Marathon Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cincinnati Marathon Inc reported income of $6.8m and spending of $6.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $6.8m (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cincinnati Marathon Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Area Agency on Aging for the Counties of Brad Sull Susq and Tio ($6.8m), The Legacy at North August Inc ($6.8m) and Peregrine Corp ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $392k (6.4% of expenses). Other salaries and wages came to $468k. At year end it held assets of $1.2m against liabilities of $325k, net assets of $847k. It reported 11 employees.