Pathway 2 Success

Analysis

Pathway 2 Success is a registered charity in United States, based in Saint Petersburg, FL. 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, Pathway 2 Success reported income of $262k and spending of $437k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $262k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 981%. Over the whole period it spent 144% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pathway 2 Success sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Little League Baseball Inc ($261k), Cohoes Connect Project ($262k) and Rise Above ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $110k (25% of expenses). Other salaries and wages came to $5,882. At year end it held assets of $1.9m against liabilities of $1.8m, net assets of $83k. It reported 1 employees.