Pathfinders Milwaukee Inc

Analysis

Pathfinders Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 1973, 53 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 December 2023, Pathfinders Milwaukee Inc reported income of $7.1m and spending of $6.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $7.1m (+54%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathfinders Milwaukee Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Young Mens Christian Association of Wichita Falls ($7.1m), Home Ownership for Personal Empowerment Inc ($7.1m) and Family Rescue ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $361k (5.2% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $7.0m against liabilities of $4.4m, net assets of $2.6m. It reported 95 employees.