A Fathers Way

Analysis

A Fathers Way is a registered charity in United States, based in Lancaster, SC. It received its IRS tax-exemption ruling in July 2000, 26 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 September 2023, A Fathers Way reported income of $668k and spending of $582k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $657k to $668k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to September 2023, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Fathers Way sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Neighborhood Christian Center ($668k), New Roots Community Farm ($668k) and Community Service Partners ($668k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $70k (12% of expenses). Other salaries and wages came to $242k. At year end it held assets of $131k against liabilities of $16k, net assets of $114k. It reported 7 employees.