Home › International, foreign affairs & national security
Path
Path reported $321.9 million in revenue and $320.6 million in expenses for calendar year 2025. Of every $100 it spent, $90.52 went to program services, $8.99 to management and general costs and $0.49 to fundraising. Its largest source of revenue was contributions and grants: 97.2% of the total. Government grants made up 29.5%. The highest compensation it reported for one person was $661,507 (PRESIDENT AND CEO). 362 people received more than $100,000 in reportable compensation. Revenue rose 9% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $321MFor context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $322MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.5% | 86.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.0% | 8.0% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.5% | 2.6% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 97.2% | 96.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 29.5% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $661,507 | $341,362 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.21% | 1.06% |
| People paid over $100,000 Part VII, line 2 | 362 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.4 | 7.5 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expensePath's product development division ensures that the right health products reach the people who need themaffordably and effectively. We develop vaccines, diagnostics, medical devices, and drug formulations for low-resource settings, from early-stage research through licensure, quality testing, and introduction. As a product development partnership, we act as the glueconnecting private-sector manufacturers, national health programs, and communities. We ensure lifesaving health products are designed for real-world conditions so they can reach everyone who needs them.(continued on schedule…
Path's global health programs division works in partnership with governments and communities to turn proven health innovations into real-world solutions that reach the people who need them most. We strengthen primary health care systems by expanding access to lifesaving tools, including malaria preventives and HIV services. We prioritize building evidence, improving efficiency, and supporting local health workers often using digital tools, strengthened surveillance systems, and data to guide smarter decisions. We equip health systems to perform better, faster, and more reliably. Our goal is…
In the asia, middle east, and europe (amee) region, we partner with countries to tackle urgent health challenges and expand access to care. We work at every level, from communities to national governments, bringing science, technology, and partnerships closer to where change happens. From expanding typhoid vaccination in bangladesh to improving HIV services in ukraine, we tailor our solutions to local needs and build resilient, sustainable health systems. 2025 achievements include, but are not limited to:- bangladeshpath supported the delivery and monitoring of typhoid vaccination campaigns…
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Officer, 39.00 hrs/week | $632,113 | $0 | $29,394 | $661,507 |
| CHIEF GLOBAL HEALTH OFFICE Key employee, 40.00 hrs/week | $390,745 | $0 | $60,659 | $451,404 |
| GLBL HD, BACTERIAL & PARASITIC DIS. Highest compensated employee, 40.00 hrs/week | $380,880 | $0 | $67,303 | $448,183 |
| GLBL HD, CTR FOR VAC INNOV & ACC Key employee, 40.00 hrs/week | $388,252 | $0 | $56,411 | $444,663 |
| DIR, CEN. AFRICA HUB & DRC COUNTRY Highest compensated employee, 40.00 hrs/week | $374,684 | $0 | $67,418 | $442,102 |
| GLBL HD OF RESEARCH & DEV. Highest compensated employee, 40.00 hrs/week | $353,442 | $0 | $74,332 | $427,774 |
| CHIEF BUSINESS & FINANCE OFFICER Officer, 39.00 hrs/week | $0 | $385,364 | $35,503 | $420,867 |
| GLBL HD OF POLICY, ACCESS & INTRO Highest compensated employee, 40.00 hrs/week | $363,754 | $0 | $50,910 | $414,664 |
362 people received more than $100,000 in reportable compensation from Path (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.9M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5532
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| SELLEN CONSTRUCTION CO INC General contractor | $13,821,920 |
| RANDSTAD INDIA PVT LTD Staffing services | $2,550,953 |
| INSIDESOURCE General contractor | $1,044,629 |
| SATGURU TRAVELS Travel services | $941,654 |
| CWT Travel services | $653,788 |
Individuals listed as contractors are left out. 48 contractors were paid more than $100,000 in all.
Private foundation grants it received
32 private foundations reported grants to Path totaling $174M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Path's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Path, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Path spent in 2025, $90.52 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Institute of International EducationNew York, NY · revenue $306M · programs 87.7% · FY2025
- Project Orbis InternationalNew York, NY · revenue $323M · programs 93.4% · 2025
- Global ImpactWashington, DC · revenue $290M · programs 97.0% · FY2025
- Catholic Medical Mission BoardNew York, NY · revenue $326M · programs 94.5% · FY2025
- Church World ServiceElkhart, IN · revenue $280M · programs 86.1% · FY2025
All international, foreign affairs & national security charities · Largest charities in Washington
Questions people ask
How much of Path's spending goes to programs?
In calendar year 2025, Path reported that 90.5% of its $320.6 million in expenses went to program services, 9.0% to management and general and 0.5% to fundraising (Form 990, Part IX).
How much does Path pay its top executive?
The largest total compensation Path reported for one person in calendar year 2025 was $661,507, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Path get its money?
Of $321.9 million in revenue in calendar year 2025, 97.2% came from contributions and grants (including 29.5% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Path a registered charity?
The IRS lists EIN 91-1157127 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202622609349301302 · read the filing
- 2024: Form 990 for calendar year 2024, object 202512629349300241 · read the filing
- 2023: Form 990 for calendar year 2023, object 202442559349300319 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323139349305152 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233189349301248 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103169349312140 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033179349305453 · read the filing
All filings for EIN 91-1157127: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.