Passages Inc

Analysis

Passages Inc is a registered charity in United States, based in Clarion, PA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Passages Inc reported income of $487k and spending of $481k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $475k to $487k (+2.4%), an average of +0.6% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Passages Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include New Jersey Center for Civic & Law Related Education Inc ($487k), Institute of Advanced Sciences ($487k) and Nautilusthink Inc ($487k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $336k. At year end it held assets of $292k against liabilities of $12k, net assets of $280k. It reported 10 employees.