Pacem in Terris

Analysis

Pacem in Terris is a registered charity in United States, based in Warwick, NY. It received its IRS tax-exemption ruling in September 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pacem in Terris reported income of $95k and spending of $107k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $95k (-5.2%), an average of -5.2% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pacem in Terris 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 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Government Finance Officers Assoc of the Washington Metrop Area ($95k), Little League Baseball Inc ($95k) and PTA New York Congress ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.