Pathways to Success Inc

Analysis

Pathways to Success Inc is a registered charity in United States, based in Georgetown, DE. It received its IRS tax-exemption ruling in April 2006, 20 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 December 2023, Pathways to Success Inc reported income of $1.5m and spending of $1.6m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $1.5m (+201%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways to Success Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within DE. Charities of a similar size with the same main cause include Love and Joy Personal Care Home ($1.5m), Helping Hands of Midland ($1.5m) and Larche Noah Sealth of Seattle ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $802k. At year end it held assets of $476k against liabilities of $24k, net assets of $452k. It reported 7 employees.