Abraham Path Initiative Inc

Analysis

Abraham Path Initiative Inc is a registered charity in United States, based in Newtown, PA. It received its IRS tax-exemption ruling in July 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, Abraham Path Initiative Inc reported income of $394k and spending of $368k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $479k to $394k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abraham Path Initiative Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Mountain of Fire and Miracles Ministries Revival Center Inc ($394k), Mark Correll Ministriesinternational Inc ($394k) and Makarios Ministries Inc ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $128k. At year end it held assets of $196k against liabilities of $31k, net assets of $165k. It reported 2 employees.