Huron Waterloo Pathways Initiative
Analysis
Huron Waterloo Pathways Initiative is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Huron Waterloo Pathways Initiative reported income of $2.5m and spending of $2.9m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.4m to $2.5m (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 65%. Over the whole period it spent 64% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Huron Waterloo Pathways Initiative sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Columbia Land Conservancy Inc ($2.5m), Sustainable Jersey Inc ($2.5m) and Oo Project ($2.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $188k (6.5% of expenses). Other salaries and wages came to $147k. At year end it held assets of $6.4m against liabilities of $403k, net assets of $6.0m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Columbia Land Conservancy Inc | Chatham | $2.5m |
| Sustainable Jersey Inc | Lawrenceville | $2.5m |
| Oo Project | Washington | $2.5m |
| Florida Botanical Gardens Foundation Inc | Largo | $2.5m |