Path Inc

Analysis

Path Inc is a registered charity in United States, based in Brandon, MS. It received its IRS tax-exemption ruling in August 1988, 38 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 December 2023, Path Inc reported income of $62k and spending of $62k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $62k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Path Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within MS. Charities of a similar size with the same main cause include The Rotary Club of Miami Florida Foundation Inc ($62k), St Joseph Band & Orchestra Parents Association ($62k) and Aactmad ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,675 against liabilities of $0, net assets of $1,675.