Nexus Path Family Healing

Analysis

Nexus Path Family Healing is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Nexus Path Family Healing reported income of $15.3m and spending of $16.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.0m to $15.3m (-10.0%), an average of -2.6% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nexus Path Family Healing sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Refugee Womens Alliance ($15.3m), Yadkin Valley Economic Development District Inc ($15.3m) and A Precious Child Inc ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $187k (1.2% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $7.3m against liabilities of $4.8m, net assets of $2.5m. It reported 207 employees.