Marathon Cooperative Inc

Analysis

Marathon Cooperative Inc is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 April 2023, Marathon Cooperative Inc reported income of $782k and spending of $675k, spending 86% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $760k to $782k (+2.9%), an average of +0.7% a year. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marathon Cooperative Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Fair Housing Center of Washtenaw County Inc ($782k), Energy Assistance Foundation ($782k) and Citizens Concerned for the Homeless Inc ($782k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $3.8m against liabilities of $1.1m, net assets of $2.7m.