Pathways in Education-Louisiana Inc

Analysis

Pathways in Education-Louisiana Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in July 2009, 17 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 2023, Pathways in Education-Louisiana Inc reported income of $3.7m and spending of $3.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.7m (+9.5%), an average of +2.3% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pathways in Education-Louisiana Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Northern Kentucky University Research Foundation Inc ($3.7m), Lutheran High School Association of the Greater Sheboygan Area Inc ($3.7m) and Keystone Science School Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.3m against liabilities of $593k, net assets of $3.7m. It reported 27 employees.