Greenwood Pathway House Inc

Analysis

Greenwood Pathway House Inc is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Greenwood Pathway House Inc reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.3m (+5.9%), an average of +1.2% a year. The sharpest change came in the year to June 2022, when income rose by 119%. Over the whole period it spent 66% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greenwood Pathway House Inc 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 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Beacon Center ($1.3m), Homes 4 Homes ($1.3m) and Our Saviors Senior Housing ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $111k (8.3% of expenses). Other salaries and wages came to $772k. At year end it held assets of $4.2m against liabilities of $68k, net assets of $4.1m. It reported 39 employees.