Pathways Inc

Analysis

Pathways Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in June 1974, 52 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Pathways Inc reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 37%. 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, Pathways Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include The Wireless Foundation ($1.8m), Habitat for Humanity International Inc ($1.8m) and Mount Vernon Community School District Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $71k (3.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.9m against liabilities of $121k, net assets of $2.8m. It reported 42 employees.