Pathway to the Future Learning Center Inc

Analysis

Pathway to the Future Learning Center Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 to the Future Learning Center Inc reported income of $837k and spending of $893k, spending 107% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $862k to $837k (-2.9%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income rose by 1605%. Over the whole period it spent 31% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathway to the Future Learning Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Cottages of Hope Inc ($837k), Shelter 37 Incorporated ($838k) and Marys Shelter ($837k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 5.0% of the total. Other salaries and wages came to $329k. At year end it held assets of $7.4m against liabilities of $742k, net assets of $6.7m.