Carolina Marathon Association Inc

Analysis

Carolina Marathon Association Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in June 1994, 32 years ago. 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, Carolina Marathon Association Inc reported income of $129k and spending of $146k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $129k (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 353%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carolina Marathon Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within SC. Charities of a similar size with the same main cause include Historical Society of Old Yarmouth ($129k), Amery Area Senior Citizens Inc ($129k) and Scarborough Historical Society Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $76k against liabilities of $50k, net assets of $26k.