Pathstone Foundation

Analysis

Pathstone Foundation is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Pathstone Foundation reported income of $515k and spending of $402k, leaving 22% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income fell from $573k to $515k (-10%), an average of -3.5% a year. The sharpest change came in the year to September 2023, when income dropped by 55%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pathstone Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Earthshare Chapters Inc ($515k), Arf Charitable Foundation ($515k) and Desert States Charitable Foundation ($515k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $917k against liabilities of $187k, net assets of $731k.