Path to College Foundation Inc

Analysis

Path to College Foundation Inc is a registered charity in United States, based in LK Worth BCH, FL. It received its IRS tax-exemption ruling in March 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 December 2023, Path to College Foundation Inc reported income of $1.1m and spending of $929k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $1.1m (+335%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Path to College Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include International Federation of Clinical Neurophysiology Inc ($1.1m), Paper Technology Foundation Inc ($1.1m) and Education Justice Alliance ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $117k (13% of expenses). Other salaries and wages came to $391k. At year end it held assets of $778k against liabilities of $37k, net assets of $742k. It reported 1 employees.