Association of International Marathons and Road Races

Analysis

Association of International Marathons and Road Races is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 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, Association of International Marathons and Road Races reported income of $494k and spending of $487k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $760k to $494k (-35%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of International Marathons and Road Races sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within NV. Charities of a similar size with the same main cause include University City Arts League Inc ($493k), Phi Beta Psi Sorority ($494k) and Shoreline-Lake Forest Park Arts Council ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (9.0% of expenses). At year end it held assets of $456k against liabilities of $82k, net assets of $374k.