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Critical Path Institute

RegisteredEIN 20-1991334Tucson, AZHealth and saving lives
Income$35.3m2023-06
Spending$32.0msame year
Spent / received93%5-year average
Size in its cause91st pctHealth and saving lives
Exempt since2005Publicly supported organisat
Employees176latest return

Analysis

Critical Path Institute is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Critical Path Institute reported income of $35.3m and spending of $32.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.8m to $35.3m (+110%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Critical Path Institute sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Lexmed Inc ($35.2m), Crossroads Inc ($35.3m) and Quality Living Inc ($35.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $2.5m (8.0% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $26.7m against liabilities of $11.5m, net assets of $15.3m. It reported 176 employees.

Income and spending

$0$8.8m$17.6m$26.5m$35.3m2019 Income: $16,797,6702019 Spending: $15,372,96620192020 Income: $18,464,3142020 Spending: $17,552,60020202021 Income: $24,427,0972021 Spending: $23,005,50520212022 Income: $31,176,1162022 Spending: $29,600,28020222023 Income: $35,267,2822023 Spending: $32,008,3782023
IncomeSpending

Where the income comes from

  • Contributions & grants 67%
  • Program services 32%
  • Other 1.2%

Similar-sized charities, same cause

CharityLocationIncome
Lexmed IncLexington$35.2m
Crossroads IncPhoenix$35.3m
Quality Living IncOmaha$35.2m
American Urological Association Education and Research IncLinthicum$35.4m