Granite Pathways

Analysis

Granite Pathways is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover mental health and crisis intervention, 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 September 2023, Granite Pathways reported income of $1.5m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.4m to $1.5m (-65%), an average of -23% a year. The sharpest change came in the year to September 2021, when income dropped by 37%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Granite Pathways sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NH. Charities of a similar size with the same main cause include Orthopaedic Foundation for Active Lifestyles Inc ($1.5m), Workshop of Wishes Inc ($1.5m) and Eastman Dental Center Foundation Inc ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Other salaries and wages came to $859k. At year end it held assets of $470k against liabilities of $2.1m, net assets of -$1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.