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Pathways Inc

RegisteredEIN 61-0661987Ashland, KYHealth and saving lives
Income$46.5m2023-06
Spending$41.3msame year
Spent / received92%4-year average
Size in its cause93rd pctHealth and saving lives
Exempt since1968Publicly supported organisat
Employees769latest return

Analysis

Pathways Inc is a registered charity in United States, based in Ashland, KY. It received its IRS tax-exemption ruling in January 1968, 58 years ago. Its declared purposes cover mental health and crisis intervention, 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, Pathways Inc reported income of $46.5m and spending of $41.3m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $38.6m to $46.5m (+21%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 25%. 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, Pathways Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within KY. Charities of a similar size with the same main cause include Music City Prep Clinic ($46.5m), American Board of Pediatrics Inc ($46.6m) and Academic Medicine Services Inc ($46.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $25.8m. At year end it held assets of $36.8m against liabilities of $8.7m, net assets of $28.1m. It reported 769 employees.

Income and spending

$0$11.6m$23.3m$34.9m$46.5m2020 Income: $38,579,2232020 Spending: $41,755,35320202021 Income: $30,043,9262021 Spending: $25,539,02920212022 Income: $37,427,4012022 Spending: $32,107,85720222023 Income: $46,540,0212023 Spending: $41,303,6182023
IncomeSpending

Where the income comes from

  • Contributions & grants 26%
  • Program services 74%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Music City Prep ClinicNashville$46.5m
American Board of Pediatrics IncChapel Hill$46.6m
Academic Medicine Services IncAmherst$46.5m
American Academy of Dermatology IncRosemont$46.7m