Washington · Nonprofit
PATH
PATH (Washington) receives grants from 196 organizations whose IRS filings report $1,343,807,726 to it, the largest being GATES FOUNDATION ($1,168,716,344). 122 of them have funded it in more than one year.
- Revenue FY2025
- $322M
- Funders on record
- 196
- Grants received
- $1.3B
- Net assets
- $63M
What Path does
Mission
Path makes good health more accessible in 70+ countries by improving the health care people receive, creating affordable health products, and advancing effective health policies. Across all our projects and programs, (continued on schedule o)Path reached more than 116 million people with quality health care in 2025.
As stated on its FY2025 Form 990.
Programs
Path'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 o)2025 achievements include, but are not limited to:- advancing hpv vaccine researchPath initiated a phase 3 study to compare innovax's nine-valent human papillomavirus (hpv) vaccine with gardasil 9 using a single-dose regimen, with the goal of adding another nine-valent product to those recommended for use on a single-dose schedule.- tcv introductionsPath, as part of the typhoid vaccine acceleration consortium, supported three national typhoid conjugate vaccine (tcv) introductions that reached 10.5 million in burkina faso, 21 million in kenya, and 44 million in bangladesh. Results from the…
$115,137,501 spentof which $35,903,295 as grants40% of program spendingPath'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 integrated, person-centered care that spans diseases and geographies, making care more accessible, effective, and aligned with the needs of the people it serves. (continued on schedule o)2025 achievements include, but are not limited to:- malaria prevention and surveillancePath's malaria control and elimination partnership in africa (macepa v) provided technical support across seven countries' national malaria programs to advance priorities in surveillance, community case management, data use, and strategic planning. Through the reaching every at-risk community and household with malaria…
$106,767,987 spentof which $25,799,147 as grants37% of program spendingIn 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 to improve coverage and save lives. (continued on schedule o)- cambodiaPath continued working with the government of cambodia to build a sustainable one health architecture that enables evidence-based decision support for the prevention, early detection, and response to infectious diseases.- chinaPath continued to advance the development of technologies, including diagnostic tools for tb, hpv, polio, and rotavirus vaccines. The who-prequalified bivalent hpv vaccine (supported by Path) was introduced in china's national immunization program.- indiaPath advanced medical oxygen systems for newborn…
$33,482,517 spentof which $5,363,501 as grants12% of program spendingAfrica regionin the africa region, we partner with countries to deliver health programs that respond to local priorities, from malaria and hiv to vaccines, epidemic preparedness and response, and digital health and artificial intelligence. We work at every level, from communities to nationwide programs, strengthening existing health systems rather than creating new ones. Our focus is on sustainability and impact, while optimizing operations and staff support. By combining local insight with global innovation, we help build resilient health systems and improve lives. 2025 achievements include, but are not limited to: - mozambiquePath supported the scale-up of self-injectable contraceptives across 143 health facilities in southern mozambique, reaching more than 63,000 contraceptive visits and expanding women's access to family planning.- nigeriaPath helped strengthen community-based health care in nigeria by training more than 700 community health workers in 2025 to expand access to early diagnosis and treatment.- tanzaniaPath helped implement a biometric fingerprint system across approximately 3,600 health facilities in tanzania, improving continuity of hiv care through secure…
$34,791,873 spentof which $6,109,653 as grants12% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $290,179,878.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $468M to $238M (−49%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 41% · 2018 36% · 2019 36% · 2020 33% · 2021 33% · 2022 35% · 2023 36% · 2024 37% · 2025 29%. Grants only. Government contracts and fees sit inside program revenue.
97% of PATH’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Nikolaj Jested Gilbert Msc
President and CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 47 funders to 66 funders, grant income rose $130M → $191M.
33 of 196 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $49M from 2 payers (the payer shares this organization's board, largest Path Vaccine Solutions). These are real filings, and they are not money PATH raised.
From the IRS filings of PATH’s funders (the co-funder graph). Top 30 of 196 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
PATH leans on a few funders — its largest provides 87% of grant income and the top three 90%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 94% · 2018 91% · 2019 91% · 2020 91% · 2021 87% · 2022 80% · 2023 85% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
39% of PATH's funders are still giving 3 years after their first grant; 62% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
90% of PATH's grant income comes from Washington funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $25M arriving through sponsors registered in 17 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PATH's funding base is broadening — from 47 funders to 66 as grant income climbed.
this organization peer median middle 50% of peers· 59 international nonprofits over $100M, FY2025
Government funding PATH receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $721.4M on record.
- Agency for International Development$628.8M
- Department of Health and Human Services$92.0M
- Department of Defense$600k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like PATH
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Washington
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
58%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 32 states
Part of a family of 3 related entities
- Foundation for Appropriate Technologies in Health - Switzerland · exempt
- Program for Appropriate Technology in Health -Kenya · exempt
- Organization for Innovation in Public Health Ltd by Guarantee - Nigeria · exempt
Screen this organization
A dated, signed PDF of the compliance screen for PATH: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PATH?
- PATH (Washington) receives grants from 196 organizations whose IRS filings report $1,343,807,726 to it, the largest being GATES FOUNDATION ($1,168,716,344). 122 of them have funded it in more than one year.
- How many funders does PATH have?
- IRS filings report 196 organizations giving $1,343,807,726 in grants to PATH, 122 of which have funded it in more than one year.
- Who is the largest funder of PATH?
- GATES FOUNDATION is the largest funder on record, with $1,168,716,344 in grants. The full list of funders is on this page.
- How can an organization like PATH find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 196 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing