Path Foundation Philippines Inc

Analysis

Path Foundation Philippines Inc is a registered charity in United States, based in Philippines. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Path Foundation Philippines Inc reported income of $910k and spending of $874k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $966k to $910k (-5.8%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Path Foundation Philippines Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile. Charities of a similar size with the same main cause include Eye Foundation of America Inc ($908k), Gods Littlest Angels Inc ($910k) and Mission Twenty-Five 35 ($908k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $363k. At year end it held assets of $297k against liabilities of $106k, net assets of $191k.