The Path Inc

Analysis

The Path Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Path Inc reported income of $70k and spending of $69k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $70k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Path Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within AR. Charities of a similar size with the same main cause include Nathans Mission in Asia Inc ($70k), Tab Smith Ministries Inc ($70k) and Sikh Gurudwara of Sadh Sangat Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $15k, net assets of $78k.