Pathway Ministries Inc

Analysis

Pathway Ministries Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Pathway Ministries Inc reported income of $160k and spending of $188k, spending 117% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $53k to $160k (+204%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 476%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pathway Ministries Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AL. Charities of a similar size with the same main cause include Elijah Rain Ministries Inc ($160k), Simplicity Ministries ($160k) and James 127 Mission Friends ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $243k against liabilities of $0, net assets of $243k.