Pathway to Work

Analysis

Pathway to Work is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Pathway to Work reported income of $649k and spending of $691k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $296k to $649k (+119%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pathway to Work sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within AZ. Charities of a similar size with the same main cause include Southern Anoka Community Assistance Inc ($649k), Pittsburgh Hispanic Development Corporation ($650k) and Good Business Colorado ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 6.5% of the total. Other salaries and wages came to $423k. At year end it held assets of $153k against liabilities of $184k, net assets of -$31k. It reported 18 employees.

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.