Pathway School Inc

Analysis

Pathway School Inc is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Pathway School Inc reported income of $988k and spending of $1.1m, spending 116% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $949k to $988k (+4.1%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pathway School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Parents Invincible Inc ($988k), Lighthouse Christian School ($989k) and Bay Area Kinderstube ($988k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $69k (6.0% of expenses). Other salaries and wages came to $650k. At year end it held assets of $92k against liabilities of $60k, net assets of $32k. It reported 23 employees.