New Path Couples Therapy Inc

Analysis

New Path Couples Therapy Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Path Couples Therapy Inc reported income of $2.0m and spending of $1.9m, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.2m to $2.0m (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Path Couples Therapy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Whosoever Gospel Mission and Res Cue Home Asso of Germantown ($2.0m), Turning Point Endowment Inc ($2.0m) and Living Through Giving Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $995k. At year end it held assets of $155k against liabilities of $90k, net assets of $65k. It reported 23 employees.