Pathway

Analysis

Pathway is a registered charity in United States, based in Simpsonville, SC. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2023, Pathway reported income of $426k and spending of $398k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $263k to $426k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pathway sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Lucc Ltd of Raleigh ($426k), Marshalls Creek Fire Company ($426k) and PTA California Congress of Parents Teachers & Students Inc ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. At year end it held assets of $68k against liabilities of $6,639, net assets of $61k.