Colfax Marathon Partnership Inc

Analysis

Colfax Marathon Partnership Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2022, Colfax Marathon Partnership Inc reported income of $3.6m and spending of $2.6m, leaving 28% of income unspent that year. Across the 2 years on record, from June 2020 to June 2022, income grew from $46k to $3.6m (+7681%), an average of +7681% a year. The sharpest change came in the year to June 2022, when income rose by 7681%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colfax Marathon Partnership Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Maple Street Foundation Inc ($3.6m), Notre Dame School of Milwaukee Foundation Inc ($3.6m) and Southside Christian School Inc ($3.6m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 0.9% and program service revenue 100% of the total. Other salaries and wages came to $174k. At year end it held assets of $595k against liabilities of $12k, net assets of $583k. It reported 2 employees.