The Pace School Endowment

Analysis

The Pace School Endowment is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 1984, 42 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Pace School Endowment reported income of $3.4m and spending of $403k, leaving 88% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $3.4m (+128%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 59%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Pace School Endowment sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Kansas Suicide Prevention HQ Inc ($3.4m), New Bedford Economic Development Council Inc ($3.4m) and Graduate School of Banking at Colorado ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% of the total. At year end it held assets of $23.3m against liabilities of $382k, net assets of $22.9m.