Pathway of Hope

Analysis

Pathway of Hope is a registered charity in United States, based in Greenville, KY. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pathway of Hope reported income of $115k and spending of $98k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $115k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathway of Hope sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within KY. Charities of a similar size with the same main cause include Asi Grand Forks Inc ($115k), Gods Storehouse of Vidalia Inc ($115k) and Middletown Senior Citizens Assn ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $330k against liabilities of $2,316, net assets of $328k.