Mid-Atlantic Pathwork Inc

Analysis

Mid-Atlantic Pathwork Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mid-Atlantic Pathwork Inc reported income of $441k and spending of $532k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $684k to $441k (-36%), an average of -10% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mid-Atlantic Pathwork Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Diaper Train Inc ($441k), El Portal de Balen ($441k) and Met Ed Co ($441k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 4.2% of the total. Other salaries and wages came to $227k. At year end it held assets of $632k against liabilities of $389k, net assets of $243k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.