Point the Way Foundation Inc

Analysis

Point the Way Foundation Inc is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Point the Way Foundation Inc reported income of $53k and spending of $85k, spending 159% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $53k (-15%), an average of -15% a year. Over the whole period it spent 162% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Point the Way Foundation Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Syemc Members Round Up Fund Inc ($53k), Camp Hill Band Boosters Association ($53k) and Epsilon Lambda Charitable Foundatio N ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.