Pathways Housing First Institute

Analysis

Pathways Housing First Institute is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in October 2019, 7 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 Housing First Institute reported income of $286k and spending of $376k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $456k to $286k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways Housing First Institute sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include New Mexico Childrens Foundation ($286k), Immanuel Lutheran Church Child Care Center ($286k) and Spottswood Community Development Corporation ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.