Pathway School

Analysis

Pathway School is a registered charity in United States, based in West Norriton, PA. It received its IRS tax-exemption ruling in February 1991, 35 years ago. 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 2023, Pathway School reported income of $12.8m and spending of $12.9m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.2m to $12.8m (+14%), an average of +4.5% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pathway School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Vista Life Innovations Inc ($12.8m), Arc of Frederick County Inc ($12.8m) and Prairie Five Community Action Council Inc ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $340k (2.6% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $4.6m against liabilities of $3.7m, net assets of $851k. It reported 147 employees.