Pathways Inc

Analysis

Pathways Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in March 2006, 20 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, Pathways Inc reported income of $1.4m and spending of $1.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $929k to $1.4m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include Nourish Meals on Wheels ($1.4m), Neighbors Together Inc ($1.4m) and Honor Flight Chicago Corp ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $78k (5.3% of expenses). Other salaries and wages came to $769k. At year end it held assets of $1.6m against liabilities of $9,157, net assets of $1.6m. It reported 49 employees.