Path is a 501(c)(3) organization based in Seattle, Washington, registered in 1982, with $334,114,678 in FY2023 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
Revenue (FY2023)
$334.1M
▼ 5.3% vs prior year
International median: $227K
Expenses (FY2023)
$338.6M
Net assets
$53.6M
Employees
634
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Path: 90% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Path: 2 mo reserves · -1% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Path: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Path: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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See part iii, line 1.
Essential medicines:path's essential medicines division develops and delivers lifesaving vaccines and drugs for communities around the globe--especially women and children.(continued on schedule o)center for vaccine innovation and accesspath's center for vaccine innovation and access aligns expertise across every stage of vaccine research, development, and introduction to make vaccines available to more communities, particularly in low- and middle-income countries (lmics). our portfolio includes more than two dozen vaccine products in development or already in use, with an emphasis on the leading infectious causes of child death and disease worldwide.in 2023, path continued to support covid-19 prevention and emergency response preparedness by coordinating grants to research groups conducting trials of covid-19 vaccines at fractional doses in low-resource settings. we supported the mrna vaccine technology hub in south africa and provided coordination and technical assistance for a consortium developing an egg-based covid-19 vaccine for production in brazil, thailand, vietnam, and other lmics. path, in collaboration with the world health organization (who), continued to curate the covid-19 maternal immunization resource librarya one-stop online hub for public health information about covid-19 vaccines and pregnancy.in ongoing efforts to facilitate local vaccine production, path supported lmic vaccine manufacturers to ready locally made vaccines for the global market, thereby increasing available interventions and potentially making vaccines more accessible for lmics. we provided technical assistance to several manufacturers preparing for who prequalification submission or inspection, supported manufacturers in clinical trial design and regulatory filings, mapped the current vaccine manufacturing capacity in africa, and supported clinical assay development and technology transfers, among other activities.path continued to provide technical support to polio vaccine manufacturers and advance research on new inactivated polio vaccine and oral polio vaccine candidates. in 2023, novel type-2 oral polio vaccine received who prequalification, and a novel type-1 oral polio vaccine candidate advanced to phase 2 study.throughout the year, path and our partners expanded coverage of japanese encephalitis (je) vaccination and finalized and disseminated evidence to support je vaccine decision-making. path concluded studies on the cost of illness for je and its long-term consequences in bangladesh, laos, and vietnam. path held a bi-regional meeting in vientiane, laos, in october 2023 to bring stakeholders together to discuss lessons learned, identify opportunities for further je vaccine introduction and scale-up, and continue the momentum for je control. path's je projects concluded in december 2023.also in 2023, menfive, the polyvalent meningococcal meningitis conjugate vaccine (mmcv) that path supported in development, clinical studies, and regulatory submission, received who prequalification. prequalification confirms the vaccine meets strict international quality standards and can be made available on the global market. developed by serum institute of india pvt. ltd., menfive builds on the success of menafrivac, a groundbreaking vaccine against serogroup-a meningococcal meningitis that was developed through an earlier path partnership. the polyvalent vaccine targets serogroups a, c, w, x, and y. as the first vaccine to target serogroup x, the vaccine has the potential to eliminate meningococcal meningitis epidemics from africa's "meningitis belt" region. we also continued to contribute technical and strategic expertise to the global defeating meningitis by 2030 initiative. and, we served as a coordinator between who, gavi (the vaccine alliance), and global partners to identify pathways to accelerate mmcv introduction once the vaccine is made available, which led to a recommendation by who's strategic advisory group of experts on immunizatio
Revenue grew from $265.1M (FY2013) to $334.1M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-1.3%
Spent more than it raised in the latest fiscal year.
Total assets
$346.5M
Total liabilities
$292.9M
Net assets
$53.6M
Salaries & benefits
$136.4M
40% of expenses
Board members
13
13 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $334,114,678▼5.3% | $338,574,253▼2.3% | $53,596,916▲2.1% | $346,497,870▲3.4% | 990 |
| 2022 | $352,817,539▲2.8% | $346,633,517▲3.4% | $52,474,743▼2.7% | $335,091,155▲9.1% | 990 |
| 2021 | $343,117,586▲14.0% | $335,344,629▲14.4% | $53,957,519▲11.1% | $307,073,332▲8.3% | 990 |
| 2020 | $300,986,746▲2.2% | $293,059,483▲0.3% | $48,574,147▲24.5% | $283,556,203▲16.7% | 990 |
| 2019 | $294,370,881▼4.8% | $292,308,839▼6.5% | $39,018,581▲12.9% | $243,064,155▲2.3% | 990 |
| 2018 | $309,334,411▼12.9% | $312,766,469▼5.1% | $34,569,359▼91.7% | $237,501,233▼49.2% | 990 |
| 2017 | $355,280,302▲16.6% | $329,632,535▲7.7% | $417,150,206▲5.0% | $467,947,698▲3.8% | 990 |
| 2016 | $304,756,338▲22.9% | $306,020,170▲16.1% | $397,247,371▼3.5% | $450,940,286▼1.7% | 990 |
| 2015 | $247,947,028▼14.3% | $263,580,932▼4.7% | $411,492,461▼6.8% | $458,736,625▼7.4% | 990 |
| 2014 | $289,280,944▲9.1% | $276,623,848▼3.2% | $441,409,828▲3.0% | $495,616,246▲2.0% | 990 |
| 2013 | $265,144,574 | $285,701,943▲4.1% | $428,754,616▼4.4% | $485,822,280▼4.3% | 990 |
| 2012 | — | $274,346,606▲6.8% | $448,539,151▼17.9% | $507,730,565▼17.1% | 990 |
| 2011 | — | $256,966,329▲0.1% | $546,067,635▼2.5% | $612,675,555▼1.4% | 990 |
| 2010 | — | $256,701,179 | $560,109,495 | $621,353,707 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Nikolaj Jested Gilbert Msc — $636,343 (0.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nikolaj Jested Gilbert Msc | President and Ceo | 39 | $636,343 |
| Kimberly Green Phd | Director, Primary Health Care | 40 | $546,693 |
| Bruce Lamont Innis Md Fidsa | Global Head, Respiratory Infections | 40 | $364,985 |
| Jessica Milman Mph | Gbl. Head, Center For Vax Innov. & Access | 40 | $363,861 |
| Ashley J Birkett Phd | Global Head, Malaria Vaccines | 40 | $354,453 |
| Trad M Hatton Ma Mhs | Dir., Cen. Africa Hub & Drc Country Pro. | 40 | $341,251 |
| Kammerle Schneider Eberle Mia | Chief Programs & Innovation Officer | 40 | $334,777 |
| Katya Spielberg | Gbl. Head, Integ. Port. & Fin. Mgmt. | 40 | $325,066 |
| Nanthalile C Mugala Md Mmed | Chief of Africa Region | 40 | $319,230 |
| Sabrina L Powers Jd | Chief of Legal & Research Affairs/gc | 40 | $300,789 |
| Meissa Diaw | Chief People & Diversity Officer | 40 | $293,361 |
| Nabeel A Goheer Phd | Chief of Africa | 40 | $286,531 |
| Heather Rae Ignatius | Chief of External Affairs | 40 | $263,263 |
| Laurie Werner Mpa | Dir., Center of Dig. & Data Excellence | 40 | $250,649 |
| Abayomi Sule Mbbs Mba | Director | 2 | — |
| Ben Aliwa Mba | Chief of Business & Finance Officer | 39 | — |
| Beth Galetti Mba | Chair | 2 | — |
| Bruce Mcnamer Jd Mba | Treasurer | 2 | — |
| Carole Faig | Director | 2 | — |
| Frederick Were Md Mmed Phd | Vice Chair | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Randstad India Pvt Ltd | Staffing Services | $2,596,739 |
| Globalization Partners Inc | Staffing Services | $1,293,002 |
| Wmbe Payrolling Inc DBA Tcwglobal | General Contractor | $675,655 |
| Avaap USA LLC | Consulting | $581,845 |
| Cwt India Private Limited | Travel Services | $538,268 |
406 grants to Path totaling $112.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gavi Alliance | Partner support | 2024 | $4,785,426 |
| Magee-womens Research Institute and Foundation | Biomedical research | 2024 | $482,059 |
| Clinton Health Access Initiative Inc | Health | 2024 | $191,159 |
| American Online Giving Foundation Inc | General support | 2024 | $95,180 |
| Baby2baby | In-kind donations of program supplies for needy families | 2024 | $53,942 |
| Foundation For Innovative New Diagnostics Find | Genomics trainings. supporting the africa cdc workforce development effort for pathogen genomic surveillance | 2024 | $40,119 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $27,000 |
| International Aids Vaccine Initiative Inc | Research & development | 2024 | $19,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Silicon Valley Community Foundation | Health | 2024 | $10,000 |
| The Seattle Foundation | To provide general support | 2024 | $10,000 |
| Mightycause Charitable Foundation | Unrestricted | 2024 | $9,036 |
| The Seattle Foundation | To provide general support | 2024 | $8,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $7,250 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,533 |
54 grants totaling $22.0M in FY2023 — showing the 15 largest. All grants made by Path →
| Recipient | Purpose | Amount |
|---|---|---|
| Icf Macro Inc | Program innovation | $3,057,961 |
| The Albert B Sabin Vaccine Institute Inc | Essential medicines | $2,211,718 |
| University of Washington (uw) | Essential medicine & program innovation | $1,935,938 |
| Regenstrief Institute Inc | Program innovation | $1,293,753 |
| Vital Wave Inc | Program innovation | $1,178,000 |
| Population Services International | Program innovation | $1,174,593 |
| Walter Reed Army Institute of Research | Essential medicine & program innovation | $1,027,567 |
| Johns Hopkins University | Africa, amee, & program innovation | $1,006,648 |
| The Administrators of the Tulane Educational Fund | Essential medicine & program innovation | $837,089 |
| Clinton Health Access Initiative Inc | Program innovation | $768,014 |
| Jsi Research & Training Institute Inc | Program innovation | $740,338 |
| Openmrs Inc | Program innovation | $730,135 |
| Medic Mobile Inc | Program innovation | $643,346 |
| Techchange Inc | Program innovation | $546,677 |
| Global Health Strategies LLC | Program innovation | $510,265 |
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Data for Path (EIN 91-1157127) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.