Peoples Path Inc

Analysis

Peoples Path Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in May 2016, 10 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, Peoples Path Inc reported income of $349k and spending of $353k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $618k to $349k (-44%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peoples Path Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Community Living of North Centralkansas Inc ($348k), Charles Street Village Inc ($349k) and Los Vicentes Inc ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $136k. At year end it held assets of $39k against liabilities of $570k, net assets of -$531k.