Pathstone Corporation

Analysis

Pathstone Corporation is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 1982, 44 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 2024, Pathstone Corporation reported income of $79k and spending of $28k, leaving 64% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.1m to $79k (-93%), an average of -48% a year. The sharpest change came in the year to June 2021, when income dropped by 114%. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pathstone Corporation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Advance Housing 2000 Inc ($79k), Dahc Housing III Inc ($79k) and Medina Creative Living 2 ($79k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% of the total. At year end it held assets of $2.7m against liabilities of $3,050, net assets of $2.7m.