Pathways Hospice
Analysis
Pathways Hospice is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1979, 47 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 Hospice reported income of $20.8m and spending of $19.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.9m to $20.8m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 90% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways Hospice sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Northwestern University Settlement ($20.7m), The Arc of the Farmington Valley Inc ($20.8m) and Family Central Inc ($20.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $418k (2.1% of expenses). Other salaries and wages came to $11.2m. At year end it held assets of $32.7m against liabilities of $10.5m, net assets of $22.2m. It reported 199 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.9%
- Program services 94%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northwestern University Settlement | Chicago | $20.7m |
| The Arc of the Farmington Valley Inc | Canton | $20.8m |
| Family Central Inc | Wilton Manors | $20.7m |
| Foster Adopt Connect Inc | Independence | $20.8m |