Developmental Pathways Inc

Analysis

Developmental Pathways Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in December 1964, 62 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 June 2023, Developmental Pathways Inc reported income of $51.4m and spending of $53.2m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $43.0m to $51.4m (+20%), an average of +4.6% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Developmental Pathways Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Mather ($51.3m), Newbridge on the Charles Inc ($51.4m) and Acenda Inc ($51.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $795k (1.5% of expenses). Other salaries and wages came to $22.0m. At year end it held assets of $45.4m against liabilities of $7.9m, net assets of $37.5m. It reported 428 employees.