Pacer Inc

Analysis

Pacer Inc is a registered charity in United States, based in Middletown, NY. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2023, Pacer Inc reported income of $176k and spending of $159k, spending 91% of its income. Across the 4 years on record, from February 2020 to February 2023, income grew from $167k to $176k (+5.5%), an average of +1.8% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pacer Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Map Development Corporation ($176k), Western Developments for Affordable Housing Inc ($176k) and Community Housing of Little Rock Inc ($176k).

On its Form 990 for the period ending February 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $503k against liabilities of $410k, net assets of $93k.