Pathways Futures Inc

Analysis

Pathways Futures Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in April 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pathways Futures Inc reported income of $271k and spending of $214k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $234k to $271k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pathways Futures Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Coburn Free Library ($271k), Outlets for Hope Inc ($271k) and Texas Cotton Gin Museum Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 20% of the total. At year end it held assets of $710k against liabilities of $616k, net assets of $94k.