Pathways to Independence Inc

Analysis

Pathways to Independence Inc is a registered charity in United States, based in North Palm Beach, FL. It received its IRS tax-exemption ruling in April 2022, 4 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 August 2023, Pathways to Independence Inc reported income of $404k and spending of $365k, spending 90% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $107k to $404k (+279%), an average of +95% a year. The sharpest change came in the year to August 2022, when income rose by 200%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways to Independence Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Faith Hope & Love School ($404k), Rural Empowerment Association for Community Help ($404k) and Haines Assisted Living Inc ($404k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $215k. At year end it held assets of $63k against liabilities of $18k, net assets of $45k. It reported 5 employees.