Path Fund Inc

Analysis

Path Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Path Fund Inc reported income of $128k and spending of $100k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $128k (+0.9%), an average of +0.9% a year. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Path Fund Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Cleburne Eubanks Intermediate School PTO ($128k), West Lampeter Township Community Foundation ($128k) and Boise Firefighters Local 149 Community Assistance Fund Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 119% and program service revenue 1.0% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.