Urban Pathways Inc

Analysis

Urban Pathways Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Urban Pathways Inc reported income of $40.6m and spending of $39.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.1m to $40.6m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Urban Pathways Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Eihab Human Services New Jersey Inc ($40.5m), Arundel Community Development Services Inc ($40.7m) and The Works Inc ($40.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $495k (1.3% of expenses). Other salaries and wages came to $16.8m. At year end it held assets of $55.9m against liabilities of $37.0m, net assets of $18.9m. It reported 446 employees.