Path Workers Compensation Trust

Analysis

Path Workers Compensation Trust is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Path Workers Compensation Trust reported income of $668k and spending of $663k, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $95k to $668k (+601%), an average of +63% a year. The sharpest change came in the year to May 2020, when income rose by 214%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Path Workers Compensation Trust sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Independence Resource Center Inc ($668k), Franklin Center of Beaver County Inc ($668k) and St Lawrence Housing Inc ($668k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $110k against liabilities of $290k, net assets of -$180k.