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Deaf and Blind Pathways Foundation Inc

RegisteredEIN 58-1995092Morganton, NCEducation and training
Income$1.3m2023-06
Spending$349ksame year
Spent / received57%5-year average
Size in its cause78th pctEducation and training
Exempt since1992Publicly supported organisat
Employees0latest return

Analysis

Deaf and Blind Pathways Foundation Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Deaf and Blind Pathways Foundation Inc reported income of $1.3m and spending of $349k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $95k to $1.3m (+1301%), an average of +94% a year. The sharpest change came in the year to June 2023, when income rose by 275%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Deaf and Blind Pathways Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Craven Smart Start Inc ($1.3m), Friends of Wla ($1.3m) and Build Up BHM ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. It paid $81k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $1.1m, net assets of $2.4m.

Income and spending

$0$333k$665k$998k$1.3m2019 Income: $94,9412019 Spending: $145,38520192020 Income: $169,9382020 Spending: $173,67220202021 Income: $182,0292021 Spending: $242,90620212022 Income: $354,3722022 Spending: $299,12320222023 Income: $1,330,4182023 Spending: $348,8022023
IncomeSpending

Where the income comes from

  • Contributions & grants 81%
  • Program services 17%
  • Other 1.9%

Similar-sized charities, same cause

CharityLocationIncome
Craven Smart Start IncNew Bern$1.3m
Friends of WlaWoodbury$1.3m
Build Up BHMBirmingham$1.3m
Southern Echo IncJackson$1.3m