Pathways Core Training Inc

Analysis

Pathways Core Training Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Pathways Core Training Inc reported income of $336k and spending of $367k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $336k (-71%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 116% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pathways Core Training Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Fostering Youth Independence ($336k), Grace in Action Collectives ($336k) and Reality Check Inc ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $87k (24% of expenses). Other salaries and wages came to $76k. At year end it held assets of $140k against liabilities of $424k, net assets of -$285k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.