Avenues

Analysis

Avenues is a registered charity in United States, based in Pottsville, PA. It received its IRS tax-exemption ruling in November 1954, 72 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Avenues reported income of $7.3m and spending of $6.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.5m to $7.3m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Avenues sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Upward Smiles Inc ($7.3m), Tri-Valley Care Inc ($7.3m) and Ephraim McDowell Health Resources ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $96k (1.4% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $5.2m against liabilities of $501k, net assets of $4.7m. It reported 281 employees.