Pathways to Excellence Incorporated

Analysis

Pathways to Excellence Incorporated is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Pathways to Excellence Incorporated reported income of $105k and spending of $122k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $105k (+155%), an average of +155% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pathways to Excellence Incorporated sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include 490 Farmers Inc ($105k), Community Improvement Corporation of Geneva ($105k) and The Philadelphia Fashion Incubator ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. At year end it held assets of $7,853 against liabilities of $0, net assets of $7,853.