Equality Pathways to Potential

Analysis

Equality Pathways to Potential is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Equality Pathways to Potential reported income of $2.7m and spending of $2.4m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.7m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equality Pathways to Potential sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Bethel Family Resource Center ($2.7m), Scopa Has a Dream Inc ($2.7m) and Fairbury Assisted Living Facility ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $143k (6.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.1m against liabilities of $568k, net assets of $5.5m. It reported 107 employees.