Pathways Academy for Special Education

Analysis

Pathways Academy for Special Education is a registered charity in United States, based in Lincolnwood, IL. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Pathways Academy for Special Education reported income of $1.3m and spending of $855k, leaving 35% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $272k to $1.3m (+386%), an average of +386% a year. The sharpest change came in the year to August 2023, when income rose by 386%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pathways Academy for Special Education sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Averroes High School ($1.3m), Rework Training ($1.3m) and Woodlawn Community Academy Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 81% and program service revenue 22% of the total. Other salaries and wages came to $640k. At year end it held assets of $522k against liabilities of $8,468, net assets of $513k. It reported 14 employees.