Haywood Pathways Center

Analysis

Haywood Pathways Center is a registered charity in United States, based in Waynesville, NC. It received its IRS tax-exemption ruling in June 2015, 11 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 December 2023, Haywood Pathways Center reported income of $1.4m and spending of $1.2m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $658k to $1.4m (+109%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haywood Pathways Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include White Sands Manor Inc ($1.4m), Diamond View Residents Association Inc ($1.4m) and Oakland Planning & Development Corporation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $196k (17% of expenses). Other salaries and wages came to $471k. At year end it held assets of $1.5m against liabilities of $289k, net assets of $1.2m. It reported 34 employees.