Passages

Analysis

Passages is a registered charity in United States, based in Richland Center, WI. It received its IRS tax-exemption ruling in August 1982, 44 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 December 2023, Passages reported income of $886k and spending of $774k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $754k to $886k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Passages sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Columbus Area HFH ($886k), Wylie Band Booster Club ($886k) and Refuge Roswells Shelter for Battered Adults ($886k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $76k (9.8% of expenses). Other salaries and wages came to $315k. At year end it held assets of $1.3m against liabilities of $170k, net assets of $1.1m. It reported 23 employees.