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Pathways Adult Learning Center Inc

RegisteredEIN 47-0973687Tulsa, OKPoverty relief
Income$1.2m2023-12
Spending$1.1msame year
Spent / received80%5-year average
Size in its cause78th pctPoverty relief
Exempt since2015Publicly supported organisat
Employees28latest return

Analysis

Pathways Adult Learning Center Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 2015, 11 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, Pathways Adult Learning Center Inc reported income of $1.2m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $658k to $1.2m (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways Adult Learning Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include Land Connection Foundation ($1.2m), Children on the Green Inc ($1.2m) and South River Development Corporation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $92k (8.7% of expenses). Other salaries and wages came to $594k. At year end it held assets of $1.3m against liabilities of $18k, net assets of $1.2m. It reported 28 employees.

Income and spending

$0$307k$613k$920k$1.2m2019 Income: $657,6592019 Spending: $493,88620192020 Income: $693,5962020 Spending: $562,88620202021 Income: $1,043,3482021 Spending: $632,82320212022 Income: $945,8512022 Spending: $894,85320222023 Income: $1,226,8462023 Spending: $1,064,6642023
IncomeSpending

Where the income comes from

  • Contributions & grants 61%
  • Program services 39%

Similar-sized charities, same cause

CharityLocationIncome
Land Connection FoundationChampaign$1.2m
Children on the Green IncMorristown$1.2m
South River Development CorporationWaynesboro$1.2m
Golestan FoundationWoodinville$1.2m