Pathways Shelter For The Homeless Inc
EIN: 473974624 · Yankton, SD · NTEE: P85
| Metric | Value |
|---|---|
| Total Revenue | $991K |
| Total Expenses | $958K |
| Net Assets | $1.1M |
Is Pathways Shelter For The Homeless Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pathways Shelter For The Homeless Inc
Pathways Shelter For The Homeless Inc (EIN: 473974624) is a nonprofit organization based in Yankton, SD, classified under NTEE code P85. The organization reported total revenue of $991K and total assets of $773K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pathways Shelter For The Homeless Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pathways Shelter For The Homeless Inc is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 23.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $958K |
| Surplus / Deficit | +$91K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 8.7% |
| Months of Reserves | 13.6 months |
Financial Health Grade: A
In 2023, Pathways Shelter For The Homeless Inc reported a surplus of $91K with revenue exceeding expenses, holds 13.6 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Pathways Shelter For The Homeless Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +90.6% | +25.0% | +9.0% |
| 2022 | -55.2% | +81.6% | -17.6% |
| 2021 | +173.1% | +9.6% | +198.9% |
| 2020 | +7.7% | +36.6% | +18.3% |
| 2019 | +49.6% | +3.1% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pathways Shelter For The Homeless Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pathways Shelter For The Homeless Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $91K, with revenue exceeding expenses.
Frequently Asked Questions about Pathways Shelter For The Homeless Inc
Is Pathways Shelter For The Homeless Inc a legitimate charity?
Pathways Shelter For The Homeless Inc (EIN: 473974624) is a registered tax-exempt nonprofit based in South Dakota. It has 8 years of IRS 990 filings on record. Total revenue: $991K. No red flags identified. Financial health grade: A.
How does Pathways Shelter For The Homeless Inc spend its money?
Pathways Shelter For The Homeless Inc reported $991K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pathways Shelter For The Homeless Inc tax-deductible?
Pathways Shelter For The Homeless Inc is registered as a tax-exempt nonprofit (EIN: 473974624). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pathways Shelter For The Homeless Inc located?
Pathways Shelter For The Homeless Inc is headquartered in Yankton, South Dakota and files with the IRS under EIN 473974624. It is classified under NTEE code P85.
How many years of IRS 990 filings does Pathways Shelter For The Homeless Inc have?
Pathways Shelter For The Homeless Inc has 8 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 $991K in total revenue.
Filing History
IRS 990 filing history for Pathways Shelter For The Homeless Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Pathways Shelter For The Homeless Inc's revenue has grown by 342.6%, moving from $237K to $1.0M. Total assets increased by 187.1% over the same period, from $379K to $1.1M. Total functional expenses rose by 283.4%, from $250K to $958K. In its most recent filing year (2023), Pathways Shelter For The Homeless Inc reported a surplus of $91K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $958K | $1.1M | $0 | — | — |
| 2022 | $551K | $766K | $999K | $714 | — | View 990 |
| 2021 | $1.2M | $422K | $1.2M | $899 | — | View 990 |
| 2020 | $450K | $385K | $406K | $2K | — | — |
| 2019 | $418K | $282K | $343K | $5K | — | View 990 |
| 2018 | $279K | $273K | $293K | $91K | — | View 990 |
| 2017 | $229K | $289K | $304K | $107K | — | View 990 |
| 2016 | $237K | $250K | $379K | $124K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $958K, and assets of $1.1M (revenue +90.6% year-over-year).
- 2022: Revenue of $551K, expenses of $766K, and assets of $999K (revenue -55.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $422K, and assets of $1.2M (revenue +173.1% year-over-year).
- 2020: Revenue of $450K, expenses of $385K, and assets of $406K (revenue +7.7% year-over-year).
- 2019: Revenue of $418K, expenses of $282K, and assets of $343K (revenue +49.6% year-over-year).
- 2018: Revenue of $279K, expenses of $273K, and assets of $293K (revenue +21.8% year-over-year).
- 2017: Revenue of $229K, expenses of $289K, and assets of $304K (revenue -3.2% year-over-year).
- 2016: Revenue of $237K, expenses of $250K, and assets of $379K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pathways Shelter For The Homeless Inc:
Data Sources and Methodology
This transparency report for Pathways Shelter For The Homeless 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.