Hamptons Marathon Inc

Analysis

Hamptons Marathon Inc is a registered charity in United States, based in East Hampton, NY. It received its IRS tax-exemption ruling in February 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hamptons Marathon Inc reported income of $122k and spending of $129k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $122k (-9.3%), an average of -9.3% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hamptons Marathon Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include National Debutante Cotillion Foundation Inc ($122k), Ahepa Service Dogs for Warriors Inc ($122k) and River Kourt Apartments ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 97% of the total. At year end it held assets of $43k against liabilities of $135, net assets of $43k.