Pathway Enterprises Inc

Analysis

Pathway Enterprises Inc is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in January 1986, 40 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, Pathway Enterprises Inc reported income of $16.4m and spending of $14.1m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.3m to $16.4m (+76%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathway Enterprises Inc 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 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Florida Foundation Seed Producers Inc ($16.3m), Life Services Alternative Inc ($16.4m) and Mesa Developmental Services ($16.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $182k (1.3% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $13.5m against liabilities of $1.7m, net assets of $11.8m. It reported 228 employees.