Pathway Living Center Inc

Analysis

Pathway Living Center Inc is a registered charity in United States, based in Clinton, IA. It received its IRS tax-exemption ruling in June 1984, 42 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 June 2023, Pathway Living Center Inc reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.5m (+1.1%), an average of +0.3% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pathway Living Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IA. Charities of a similar size with the same main cause include Grand Avenue Club Inc ($1.5m), Amateur Hockey Association of Missouri Inc ($1.5m) and United Way of Greater Lima Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 77% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.1m against liabilities of $608k, net assets of $514k. It reported 34 employees.