Friends of Pathways

Analysis

Friends of Pathways is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in June 1995, 31 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 September 2023, Friends of Pathways reported income of $772k and spending of $834k, spending 108% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income grew from $515k to $772k (+50%), an average of +8.4% a year. The sharpest change came in the year to September 2020, when income rose by 56%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Pathways sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within WY. Charities of a similar size with the same main cause include Riverside City Football Club ($772k), Stamford Youth Hockey Association Inc ($772k) and Dominik Hasek Youth Hockey League Inc ($772k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $500k. At year end it held assets of $1.1m against liabilities of $49k, net assets of $1.1m.