Pathways Inc

Analysis

Pathways Inc is a registered charity in United States, based in Corning, NY. It received its IRS tax-exemption ruling in August 1978, 48 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 December 2023, Pathways Inc reported income of $37.5m and spending of $37.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $34.1m to $37.5m (+9.8%), an average of +2.4% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Environmental Alternatives ($37.5m), Elwyn New Jersey ($37.5m) and Paratransit Services ($37.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $293k (0.8% of expenses). Other salaries and wages came to $23.4m. At year end it held assets of $34.3m against liabilities of $6.9m, net assets of $27.4m. It reported 848 employees.