Path of Life Ministries
Analysis
Path of Life Ministries is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in September 1998, 28 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 June 2023, Path of Life Ministries reported income of $6.3m and spending of $6.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $6.3m (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 101% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Path of Life Ministries sits at the 99th percentile: it is larger than about 98% 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 Toy Gun Films Inc ($6.3m), Mikvah USA Inc ($6.3m) and Priority Living Inc ($6.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $2.5m against liabilities of $1.4m, net assets of $1.1m. It reported 84 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Toy Gun Films Inc | Oklahoma City | $6.3m |
| Mikvah USA Inc | Brooklyn | $6.3m |
| Priority Living Inc | Corona | $6.3m |
| Forefront Living | Dallas | $6.4m |