Path Partners

Analysis

Path Partners is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Path Partners reported income of $1.2m and spending of $1.0m, spending 86% of its income. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Path Partners sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Small Business Aid Inc ($1.2m), Indiana Valley Public Improvement Corporation ($1.2m) and Rocky Mountain Innovation Initiative Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $71k (7.0% of expenses). Other salaries and wages came to $342k. At year end it held assets of $949k against liabilities of $121k, net assets of $828k. It reported 4 employees.