Pathway College Outreach Ministry Inc

Analysis

Pathway College Outreach Ministry Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 College Outreach Ministry Inc reported income of $51k and spending of $59k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $51k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pathway College Outreach Ministry Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Acts 1-8 Mission Society Inc ($51k), Breakthrough Worship Center Inc ($51k) and First Community Church of Christ Charitable TR ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $1,395, net assets of $9,669.