Pos Port of Support & Pathwayz to Success

Analysis

Pos Port of Support & Pathwayz to Success is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Pos Port of Support & Pathwayz to Success reported income of $120k and spending of $120k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $22k to $120k (+433%), an average of +131% a year. The sharpest change came in the year to December 2021, when income rose by 1614%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pos Port of Support & Pathwayz to Success sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within WA. Charities of a similar size with the same main cause include Mi Just Cause ($120k), Asi Rochester Inc ($120k) and Darlene Slaters Rehabilitation Center for Women Inc ($120k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 28% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.