Marathon Initiative

Analysis

Marathon Initiative is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Initiative reported income of $1.1m and spending of $1.3m, spending 122% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $301k to $1.1m (+257%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 421%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Marathon Initiative sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 56th percentile within DC. Charities of a similar size with the same main cause include The Happy Givers ($1.1m), Enchanted Peach Childrens Foundation Inc ($1.1m) and Asante Africa Foundation Inc ($1.1m).

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 $796k (61% of expenses). At year end it held assets of $362k against liabilities of $51k, net assets of $311k. It reported 2 employees.