Pathway to Recovery Inc

Analysis

Pathway to Recovery Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1992, 34 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 December 2023, Pathway to Recovery Inc reported income of $1.1m and spending of $974k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $823k to $1.1m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pathway to Recovery Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Recovery Center of Medina County ($1.1m), Cathedral Gerontology Center Inc ($1.1m) and Women on the Way Recovery Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $111k (11% of expenses). Other salaries and wages came to $216k. At year end it held assets of $5.0m against liabilities of $1.0m, net assets of $3.9m. It reported 8 employees.