Pathways for Life Academy Inc

Analysis

Pathways for Life Academy Inc is a registered charity in United States, based in Windermere, FL. It received its IRS tax-exemption ruling in July 2021, 5 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pathways for Life Academy Inc reported income of $436k and spending of $470k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $335k to $436k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pathways for Life Academy Inc 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 71st percentile within FL. Charities of a similar size with the same main cause include US Swimming Inc ($436k), Otology & Neurotology Inc ($436k) and Dannys Ride ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $288k. At year end it held assets of $62k against liabilities of $35k, net assets of $27k.