Community Pathways of Steele County Inc

Analysis

Community Pathways of Steele County Inc is a registered charity in United States, based in Owatonna, MN. It received its IRS tax-exemption ruling in July 1991, 35 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, Community Pathways of Steele County Inc reported income of $2.1m and spending of $2.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $776k to $2.1m (+175%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 202%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Pathways of Steele County Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Professional Child Care Association of Southwestern Indiana ($2.1m), Billings Community Foundation ($2.1m) and Hamptons International Film Festival Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $118k (5.5% of expenses). Other salaries and wages came to $235k. At year end it held assets of $2.6m against liabilities of $89k, net assets of $2.6m. It reported 13 employees.