Pathway to Hope Inc

Analysis

Pathway to Hope Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 to Hope Inc reported income of $743k and spending of $697k, spending 94% of its income. Across the 4 years on record, from December 2019 to June 2023, income grew from $160k to $743k (+364%), an average of +67% a year. The sharpest change came in the year to June 2023, when income rose by 237%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pathway to Hope Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within KS. Charities of a similar size with the same main cause include Lend a Hand Up Inc ($743k), New Mexico Farm and Livestock Bureau Foundation Inc ($743k) and Lawyers Concerned for Lawyers ($742k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $61k (8.8% of expenses). Other salaries and wages came to $155k. At year end it held assets of $636k against liabilities of $303k, net assets of $333k. It reported 10 employees.