Educational Pathways Inc

Analysis

Educational Pathways Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Educational Pathways Inc reported income of $2.6m and spending of $2.8m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $669k to $2.6m (+287%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 271%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Pathways Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Social Enterprise and Training Center ($2.6m), St Georges Episcopal School Inc ($2.6m) and Eskolta School Research and Design Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $96k (3.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.3m against liabilities of $5.6m, net assets of $2.7m. It reported 41 employees.