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The Path Foundation

RegisteredEIN 75-3250556Brighton, MIEducation and training
Income$177k2023-12
Spending$198ksame year
Spent / received101%2-year average
Size in its cause52nd pctEducation and training
Exempt since2008Publicly supported organisat
Employees0latest return

Analysis

The Path Foundation is a registered charity in United States, based in Brighton, MI. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, The Path Foundation reported income of $177k and spending of $198k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $177k (+8.2%), an average of +8.2% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Path Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include American College of Employee Benefits Counsel Inc ($177k), Silver Valley Ptso ($177k) and Kos Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.

Income and spending

$0$49k$99k$148k$198k2022 Income: $163,6452022 Spending: $146,70820222023 Income: $176,9922023 Spending: $197,8962023
IncomeSpending

Where the income comes from

  • Contributions & grants 39%
  • Other 61%

Similar-sized charities, same cause

CharityLocationIncome
American College of Employee Benefits Counsel IncWashington$177k
Silver Valley PtsoMesa$177k
Kos IncSmyrna$177k
Somali Community of Louisville IncLouisville$177k