Paving the Way Foundation Inc

Analysis

Paving the Way Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2016, 10 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, Paving the Way Foundation Inc reported income of $194k and spending of $196k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $194k (+255%), an average of +255% a year. The sharpest change came in the year to December 2023, when income rose by 255%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paving the Way Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Parkinson Community Fitness ($194k), Alsea Valley Gleaners ($194k) and Manna Ministry of Tidewater ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $90k against liabilities of $89k, net assets of $1,136.