Footpath Foundation

Analysis

Footpath Foundation is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Footpath Foundation reported income of $504k and spending of $261k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $316k to $504k (+59%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 54% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Footpath Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Kids Outdoor Sports Camp ($503k), 1026 East Center Street LLC ($504k) and Magic Box Productions Inc ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $27k (10% of expenses). Other salaries and wages came to $48k. It paid $26k in professional fundraising fees. At year end it held assets of $770k against liabilities of $3,641, net assets of $766k. It reported 12 employees.