Pathways Academy Adult Education

Analysis

Pathways Academy Adult Education is a registered charity in United States, based in Menifee, CA. It received its IRS tax-exemption ruling in July 2017, 9 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 June 2023, Pathways Academy Adult Education reported income of $1.8m and spending of $1.5m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $199k to $1.8m (+790%), an average of +73% a year. The sharpest change came in the year to June 2021, when income rose by 147%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pathways Academy Adult Education sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Lock Haven University Student Auxiliary Services Inc ($1.8m), LCTCS Foundation ($1.8m) and Long Island Hebrew Academy ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $199k (14% of expenses). Other salaries and wages came to $611k. At year end it held assets of $933k against liabilities of $575k, net assets of $357k. It reported 14 employees.