Pathways for Children Inc

Analysis

Pathways for Children Inc is a registered charity in United States, based in Gloucester, MA. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Pathways for Children Inc reported income of $10.5m and spending of $10.4m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.0m to $10.5m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways for Children Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Wesley Woods of Newnan-Peachtree City Inc ($10.5m), Camp Cole Foundation Inc ($10.5m) and Food Bank of Northeast Louisiana Inc ($10.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $244k (2.4% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $8.8m against liabilities of $1.3m, net assets of $7.5m. It reported 173 employees.