Pathstone Corporation
400 East Ave, Rochester, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $22,720,847 | $23,476,752 | $96,526,117 |
| FY2024 | $22,601,635 | $24,974,436 | $115,172,543 |
| FY2023 | $21,983,662 | $23,458,321 | $115,545,281 |
| FY2022 | $20,096,851 | $20,588,813 | $50,286,453 |
| FY2021 | $21,347,590 | $20,806,376 | $50,419,378 |
| FY2020 | $27,346,315 | $30,661,309 | $50,243,081 |
| FY2019 | $25,026,466 | $25,299,252 | $53,663,837 |
| FY2018 | $25,018,386 | $24,016,010 | $54,330,785 |
| FY2016 | $12,946,241 | $12,570,531 | $52,431,070 |
| FY2015 | $0 | $0 | $0 |
| FY2014 | $19,258,694 | $12,995,980 | $45,342,172 |
| FY2013 | $11,613,758 | $10,168,088 | $43,317,815 |
| FY2012 | $9,975,303 | $9,770,923 | $42,471,568 |
| FY2011 | $16,078,337 | $13,102,970 | $43,498,068 |
Form 990 filings
The returns filed by Pathstone Corporation (EIN 16-1183242), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $17,336,439 | 76% |
| Program service revenue | $4,838,360 | 21% |
| Other revenue | $546,048 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $20,510,388 | 87% |
| Management & general | $2,966,364 | 13% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 76% of total revenue in FY2025.
- Program services accounted for 87% of functional expenses, management & general 13%, and fundraising 0%.
- 87% of functional expenses went to program services in FY2025. That is higher than 54.9% of 91 Housing & Shelter organizations in NY.
- Net assets covered about 49.3 months of expenses at the end of the reporting year. That puts it in the 77th percentile among 1352 Housing & Shelter organizations in NY.
- Total revenue was higher than 98.1% of 1456 Housing & Shelter organizations in NY.
- Total revenue rose from $16,078,337 in FY2011 to $22,720,847 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2019, FY2020, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $27,346,315 in FY2020.
- Net assets grew from $43,498,068 to $96,526,117 between FY2011 and FY2025.
- Contributions and grants made up 0% of revenue in FY2011 and 76% in FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
To develop high-quality affordable housing for low and moderate income families; to professionally manage the housing; to assist and encourage residents participation to ensure that developments offer a satisfying living environment; and to create communities that are assets to residents, the
IRS status
| Ruling year | 1982 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | L210 — Housing & Shelter (in NY) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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