My Future Pathways Inc

Analysis

My Future Pathways Inc is a registered charity in United States, based in Avon, CO. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, My Future Pathways Inc reported income of $1.8m and spending of $1.4m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $256k to $1.8m (+624%), an average of +64% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Future Pathways Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Northeast Ohio Coalition for the Homeless ($1.8m), Central Texas Youth Services Bureau ($1.9m) and Eastern Star Home in Kentucky ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $942k against liabilities of $14k, net assets of $928k. It reported 7 employees.