Pathpoint

Analysis

Pathpoint is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Pathpoint reported income of $26.8m and spending of $26.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.3m to $26.8m (+1.9%), an average of +0.5% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pathpoint sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include William Peace University ($26.8m), Brentwood Academy Inc ($26.8m) and Idaho State University Foundation Inc ($26.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $357k (1.4% of expenses). Other salaries and wages came to $16.3m. At year end it held assets of $34.2m against liabilities of $13.1m, net assets of $21.1m. It reported 784 employees.