Pathways for Change Inc

Analysis

Pathways for Change Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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 Change Inc reported income of $2.7m and spending of $2.5m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.2m to $2.7m (+22%), an average of +5.2% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pathways for Change Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Central Pa ($2.7m), United Way of Greenwich Inc ($2.7m) and Wyandanch Wheatley Heights Ambulance Corp ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $129k (5.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.1m against liabilities of $740k, net assets of $1.4m. It reported 32 employees.