Pathways Next Step Inc

Analysis

Pathways Next Step Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Pathways Next Step Inc reported income of $2.5m and spending of $2.7m, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $351k to $2.5m (+600%), an average of +91% a year. The sharpest change came in the year to December 2020, when income rose by 255%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways Next Step Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Pioneer House Assisted Living Inc ($2.5m), Arab American Association of Ny Inc ($2.5m) and Oasis Institute ($2.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $644k against liabilities of $825k, net assets of -$181k. It reported 20 employees.