Pathfinder Services Inc

Analysis

Pathfinder Services Inc is a registered charity in United States, based in Huntington, IN. It received its IRS tax-exemption ruling in July 1968, 58 years ago. 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, Pathfinder Services Inc reported income of $28.7m and spending of $26.0m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $21.9m to $28.7m (+31%), an average of +9.5% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pathfinder Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Center for Popular Democracy ($28.7m), Centenary College of Louisiana ($28.7m) and Family Service Association ($28.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $385k (1.5% of expenses). Other salaries and wages came to $15.3m. At year end it held assets of $28.5m against liabilities of $5.9m, net assets of $22.5m. It reported 447 employees.