Pathways LA

Analysis

Pathways LA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1978, 48 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, Pathways LA reported income of $42.4m and spending of $42.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.1m to $42.4m (+76%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pathways LA sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Carolina Caring Inc ($42.4m), Young Womens Christian Association of Seattle-King County-Snohomish C ($42.4m) and Milwaukee Center for Independence Inc ($42.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $291k (0.7% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $13.5m against liabilities of $11.4m, net assets of $2.0m. It reported 90 employees.