Pathway Christian Academy Inc

Analysis

Pathway Christian Academy Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in July 1993, 33 years ago. 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 December 2023, Pathway Christian Academy Inc reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $948k to $1.0m (+9.6%), an average of +2.3% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pathway Christian Academy 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 80th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include San Jose Auxiliary for Children ($1.0m), Medical Education Institute Inc ($1.0m) and H E L P Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $44k (4.3% of expenses). Other salaries and wages came to $301k. At year end it held assets of $539k against liabilities of $8,740, net assets of $531k. It reported 13 employees.