Pathfinders Inc

Analysis

Pathfinders Inc is a registered charity in United States, based in Killingworth, CT. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pathfinders Inc reported income of $690k and spending of $655k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $4.9m to $690k (-86%), an average of -86% a year. The sharpest change came in the year to December 2023, when income dropped by 86%. Over the whole period it spent 20% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pathfinders Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Houston Municipal Golf Association Inc ($690k), Teamsa Endowment ($690k) and Pine-Richland Youth Center ($689k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. Other salaries and wages came to $251k. At year end it held assets of $5.4m against liabilities of $831k, net assets of $4.5m. It reported 57 employees.