Housing Council At Pathstone Inc

Housing Council At Pathstone Inc consistently operates near break-even with growing assets and no reported officer compensation.

EIN: 160991179 · Rochester, NY · NTEE: L200 · Updated: 2026-03-28

$1.8MRevenue
$1.7MAssets
90/100Mission Score (Excellent)
L200
Housing Council At Pathstone Inc Financial Summary
MetricValue
Total Revenue$1.8M
Total Expenses$1.9M
Program Spending90%
CEO/Top Officer Pay$1.8
Net Assets$985K
Transparency Score90/100

Is Housing Council At Pathstone Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Housing Council At Pathstone Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Housing Council At Pathstone Inc

Housing Council At Pathstone Inc (EIN: 160991179) is a nonprofit organization based in Rochester, NY, classified under NTEE code L200. The organization reported total revenue of $1.8M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Housing Council At Pathstone Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

54Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Housing Council At Pathstone Inc is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.9M
Total Expenses$1.9M
Surplus / Deficit$-6,902
Total Assets$1.4M
Total Liabilities$440K
Net Assets$985K
Operating Margin-0.4%
Debt-to-Asset Ratio30.9%
Months of Reserves9.0 months

Financial Health Grade: B

In 2023, Housing Council At Pathstone Inc reported a deficit of $7K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 30.9% (moderate leverage).

Financial Trends

Over 13 years of filings (2012–2023), Housing Council At Pathstone Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-17.8%-14.1%-2.4%
2022+62.2%+61.2%+30.0%
2021-16.1%-17.5%+4.6%
2020+18.2%+23.4%-2.6%
2019-4.3%-8.6%+17.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1972

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Housing Council At Pathstone Inc demonstrates generally stable financial health, with revenues consistently covering expenses in most recent years. For instance, in 202309, revenues were $1,902,894 against expenses of $1,909,796, indicating a slight deficit but within a reasonable operating range. The organization's assets have shown growth over the past few years, increasing from $1,074,100 in 202009 to $1,424,817 in 202309, suggesting a healthy accumulation of resources. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of strong financial transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent operational performance and asset growth suggest a responsible approach to financial management. The organization's liabilities have remained manageable relative to its assets, with liabilities of $439,838 against assets of $1,424,817 in 202309. This indicates a low risk of financial distress. The absence of reported officer compensation is a strong positive for transparency and efficiency, as it implies that leadership may be compensated through other means not categorized as 'officer compensation' or that the organization relies heavily on volunteer leadership, which would be highly efficient. Overall, Housing Council At Pathstone Inc appears to be a financially sound organization with a good track record of managing its resources. The consistent revenue generation, asset growth, and the notable 0% officer compensation across all filings point to a well-managed and transparent operation. Further detailed analysis of their full 990 forms would be needed to precisely determine spending efficiency ratios, but the available data suggests a responsible and mission-focused financial approach.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Housing Council At Pathstone Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Housing Council At Pathstone Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.9MTotal Revenue
$1.9MTotal Expenses
$1.4MTotal Assets
$440KTotal Liabilities
$985KNet Assets
  • The organization reported a deficit of $7K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 30.9%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 13 available filings, which is highly unusual for an organization with annual revenues exceeding $1.8 million. This suggests either a reliance on volunteer leadership, compensation structured outside of typical 'officer compensation' categories, or that leadership is compensated by a parent organization, indicating a strong commitment to directing funds to programs.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Housing Council At Pathstone Inc's IRS 990 filings:

  • Unusually low or 0% reported officer compensation may obscure actual executive remuneration if compensated through other means or by a parent entity.

Strengths

The following positive indicators were identified for Housing Council At Pathstone Inc:

  • Consistent reporting of 0% officer compensation, suggesting high efficiency or volunteer leadership.
  • Healthy growth in assets over recent years, from $1,074,100 in 202009 to $1,424,817 in 202309.
  • Generally stable financial operations with revenues consistently covering expenses.
  • Manageable liabilities relative to assets, indicating low financial risk.

Frequently Asked Questions about Housing Council At Pathstone Inc

Is Housing Council At Pathstone Inc a legitimate charity?

Housing Council At Pathstone Inc (EIN: 160991179) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Housing Council At Pathstone Inc spend its money?

Housing Council At Pathstone Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Housing Council At Pathstone Inc tax-deductible?

Housing Council At Pathstone Inc is registered as a tax-exempt nonprofit (EIN: 160991179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Housing Council At Pathstone Inc CEO make?

Housing Council At Pathstone Inc's highest-compensated officer earns $1.8 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Housing Council At Pathstone Inc's spending goes to programs?

Housing Council At Pathstone Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Housing Council At Pathstone Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Housing Council At Pathstone Inc is above average for NTEE category L200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Housing Council At Pathstone Inc located?

Housing Council At Pathstone Inc is headquartered in Rochester, New York and files with the IRS under EIN 160991179. It is classified under NTEE code L200.

How many years of IRS 990 filings does Housing Council At Pathstone Inc have?

Housing Council At Pathstone Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.

How does Housing Council At Pathstone Inc manage to report 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It could indicate that the organization relies heavily on volunteer leadership, that executive compensation is structured in a way not categorized as 'officer compensation' on the 990, or that key personnel are compensated by a parent organization (Pathstone Inc).

What is the trend in the organization's net assets?

The organization's net assets have generally increased over the past few years, from $1,074,100 in 202009 to $1,424,817 in 202309, indicating a healthy accumulation of resources and financial stability.

Is the organization financially stable given its revenue and expense fluctuations?

Yes, despite some fluctuations in revenue and expenses (e.g., revenue dropped from $2,313,635 in 202209 to $1,902,894 in 202309), the organization consistently operates near break-even, with expenses closely matching revenues. This indicates sound financial management and operational stability.

Filing History

IRS 990 filing history for Housing Council At Pathstone Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2023), Housing Council At Pathstone Inc's revenue has declined by 31.1%, moving from $2.8M to $1.9M. Total assets increased by 47.1% over the same period, from $968K to $1.4M. Total functional expenses fell by 30.3%, from $2.7M to $1.9M. In its most recent filing year (2023), Housing Council At Pathstone Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $440K in liabilities against $1.4M in assets (debt-to-asset ratio: 30.9%), resulting in net assets of $985K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.9M $1.9M $1.4M $440K
2022 $2.3M $2.2M $1.5M $468K View 990
2021 $1.4M $1.4M $1.1M $221K View 990
2020 $1.7M $1.7M $1.1M $219K View 990
2019 $1.4M $1.4M $1.1M $276K View 990
2018 $1.5M $1.5M $942K $198K View 990
2017 $2.2M $2.2M $985K $261K View 990
2016 $1.5M $1.9M $928K $245K View 990
2015 $2.2M $2.1M $1.4M $286K View 990
2014 $2.2M $2.3M $1.2M $176K View 990
2013 $1.3M $1.2M $1.1M $81K View 990
2013 $2.8M $2.7M $1.1M $128K View 990
2012 $2.8M $2.7M $968K $147K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.9M, expenses of $1.9M, and assets of $1.4M (revenue -17.8% year-over-year).
  • 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $1.5M (revenue +62.2% year-over-year).
  • 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $1.1M (revenue -16.1% year-over-year).
  • 2020: Revenue of $1.7M, expenses of $1.7M, and assets of $1.1M (revenue +18.2% year-over-year).
  • 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $1.1M (revenue -4.3% year-over-year).
  • 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $942K (revenue -32.8% year-over-year).
  • 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $985K (revenue +46.9% year-over-year).
  • 2016: Revenue of $1.5M, expenses of $1.9M, and assets of $928K (revenue -30.8% year-over-year).
  • 2015: Revenue of $2.2M, expenses of $2.1M, and assets of $1.4M (revenue -1.5% year-over-year).
  • 2014: Revenue of $2.2M, expenses of $2.3M, and assets of $1.2M (revenue +74.4% year-over-year).
  • 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M (revenue -54.6% year-over-year).
  • 2013: Revenue of $2.8M, expenses of $2.7M, and assets of $1.1M (revenue +2.3% year-over-year).
  • 2012: Revenue of $2.8M, expenses of $2.7M, and assets of $968K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Housing Council At Pathstone Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Housing Council At Pathstone Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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