Path Home

Analysis

Path Home is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2009, 17 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 2023, Path Home reported income of $4.7m and spending of $5.6m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $4.7m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Path Home sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Self-Help Home Improvement Project Inc ($4.7m), Habitat for Humanity International Inc ($4.7m) and Eastwood of Ames Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $179k (3.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $9.7m against liabilities of $3.4m, net assets of $6.4m. It reported 58 employees.