Housing Council at Pathstone Inc

Analysis

Housing Council at Pathstone Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 1972, 54 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 September 2023, Housing Council at Pathstone Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.9m (+32%), an average of +7.2% a year. The sharpest change came in the year to September 2022, when income rose by 62%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Council at Pathstone Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include FHM Associates Inc ($1.9m), Edgewood Senior Solutions Group Inc ($1.9m) and Time Out Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $82k (4.3% of expenses). Other salaries and wages came to $787k. At year end it held assets of $1.4m against liabilities of $440k, net assets of $985k.