Youngstown Marathon Foundation

Analysis

Youngstown Marathon Foundation is a registered charity in United States, based in Boardman, OH. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Youngstown Marathon Foundation reported income of $55k and spending of $42k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $91k to $55k (-40%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Youngstown Marathon Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include Smithson Valley Ranger Lacrosse ($55k), Jackson Elite Volleyball Club ($55k) and Maine Roller Derby ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.