Marathon Residential and Counseling Services Inc

Analysis

Marathon Residential and Counseling Services Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in August 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, Marathon Residential and Counseling Services Inc reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marathon Residential and Counseling Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Banner Day Learning Corp ($1.5m), The Hospice Foundation ($1.5m) and Young Womens Christian Association of the Greater Capital Region Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $55k (4.0% of expenses). Other salaries and wages came to $837k. At year end it held assets of $1.1m against liabilities of $102k, net assets of $1.0m. It reported 35 employees.