P a T H Inc

Analysis

P a T H Inc is a registered charity in United States, based in Portage, IN. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, P a T H Inc reported income of $2.3m and spending of $2.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.3m (+106%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, P a T H 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 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Howard Center Inc ($2.3m), Marizetta Kerry Child Development Center Inc ($2.3m) and Volunteers Against Violence Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $122k (5.5% of expenses). Other salaries and wages came to $667k. At year end it held assets of $683k against liabilities of $270k, net assets of $413k. It reported 27 employees.