Restoring the Path

Analysis

Restoring the Path is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Restoring the Path reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $430k to $1.1m (+150%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 104%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Restoring the Path sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Chattahoochee National Park Conservancy Inc ($1.1m), Niroga Institute ($1.1m) and North County Youth Soccer Assoc Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $79k (7.2% of expenses). Other salaries and wages came to $723k. It paid $28k in professional fundraising fees. At year end it held assets of $232k against liabilities of $129k, net assets of $103k. It reported 136 employees.