Independent Paths to Learning
Analysis
Independent Paths to Learning is a registered charity in United States, based in Rohnert Park, CA. It received its IRS tax-exemption ruling in May 2003, 23 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 2023, Independent Paths to Learning reported income of $4.4m and spending of $4.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $4.4m (+3.6%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Independent Paths to Learning sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Salt Lake Arts Academy ($4.4m), Fund for Portland Public Schools ($4.4m) and Cornerstone Christian Academy for Learning and Leadership ($4.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (2.1% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $3.9m against liabilities of $1.8m, net assets of $2.1m. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Salt Lake Arts Academy | Salt Lake Cty | $4.4m |
| Fund for Portland Public Schools | Portland | $4.4m |
| Cornerstone Christian Academy for Learning and Leadership | Vancouver | $4.4m |
| University of North Texas at Dallas Foundation | Dallas | $4.4m |