The Pathfinder School Inc

Analysis

The Pathfinder School Inc is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Pathfinder School Inc reported income of $2.5m and spending of $2.5m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $2.5m (+77%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Pathfinder School Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include SFV Education ($2.5m), New Road to Learning Inc Dba J Harris Preparatory Academy ($2.5m) and Menlo Atherton High School Foundation for the Future ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $149k (5.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.8m against liabilities of $386k, net assets of $3.4m. It reported 73 employees.