Path2freedom Inc

Analysis

Path2freedom Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Path2freedom Inc reported income of $1.4m and spending of $1.1m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $1.4m (+412%), an average of +50% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 87% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Path2freedom Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Just Harvest Education Fund ($1.4m), Washington D C Police Foundation ($1.4m) and Wisconsin Coalition Against Sexual Assault Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $262k (24% of expenses). Other salaries and wages came to $235k. At year end it held assets of $1.9m against liabilities of $513k, net assets of $1.4m. It reported 9 employees.