Pathways Vision Inc

Analysis

Pathways Vision Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in September 2004, 22 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, Pathways Vision Inc reported income of $200k and spending of $276k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $200k (+8.4%), an average of +2.0% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pathways Vision Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CT. Charities of a similar size with the same main cause include Hope Avenue Twin Cities ($200k), Mid-South Housing Foundation ($200k) and Peaceful Chateau Apartments Inc ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 25% of the total. At year end it held assets of $1.9m against liabilities of $1.4m, net assets of $502k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.