Pathway Learning Inc

Analysis

Pathway Learning Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Pathway Learning Inc reported income of $177k and spending of $176k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $198k to $177k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pathway Learning Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Church of the Holy Grail ($177k), Beachglass Ministries Inc ($178k) and Global Outreach ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $125k (71% of expenses). At year end it held assets of $194k against liabilities of $5,160, net assets of $189k. It reported 1 employees.