Pathway Visions Inc

Analysis

Pathway Visions Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. 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 June 2023, Pathway Visions Inc reported income of $51k and spending of $55k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $42k to $51k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pathway Visions Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Alpha Chi Sigma Fraternity ($51k), National Center for Food and Agricultural Policy Inc ($51k) and Ukrainian National Womens League of America Inc ($51k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. At year end it held assets of $470k against liabilities of $31k, net assets of $439k.

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.