Lifepath Foundation

Analysis

Lifepath Foundation is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Lifepath Foundation reported income of $452k and spending of $273k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $353k to $452k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifepath Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Benchmark One Company Fund Inc ($452k), Guardian Care Center Inc ($452k) and Madison County Elderly Services Inc ($452k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 109% of the total. At year end it held assets of $2.5m against liabilities of $238k, net assets of $2.3m.