Pathways Management Group Inc

Analysis

Pathways Management Group Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pathways Management Group Inc reported income of $6.6m and spending of $5.6m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $6.6m (+63%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 119%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pathways Management Group Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Student Lodging Inc ($6.6m), Friends of Growing Up Green Charter School ($6.6m) and Public Education & Business Coalition ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $26.6m against liabilities of $1.1m, net assets of $25.5m. It reported 23 employees.