Feelosophers Path

Analysis

Feelosophers Path is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Feelosophers Path reported income of $77k and spending of $73k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $57k to $77k (+34%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Feelosophers Path sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include TCS K-5 PTO ($77k), Montana Federation of the Council for Exceptional Children ($77k) and Life the Universe and Everything Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.