Passages Connecting Fathers and Sons Inc

Analysis

Passages Connecting Fathers and Sons Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Passages Connecting Fathers and Sons Inc reported income of $2.1m and spending of $2.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Passages Connecting Fathers and Sons Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Outcomes Inc ($2.1m), Heres the Deal Inc ($2.1m) and Gualala Community Center ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $597k against liabilities of $266k, net assets of $331k. It reported 22 employees.