Pace Afterschool Program

Analysis

Pace Afterschool Program is a registered charity in United States, based in Ephrata, PA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Pace Afterschool Program reported income of $368k and spending of $384k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $293k to $368k (+26%), an average of +5.9% a year. The sharpest change came in the year to August 2021, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pace Afterschool Program sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Serve to Lead ($368k), Santa Maria Valley YMCA Foundation ($368k) and Volunteer Center of Racine Inc ($368k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $44k (12% of expenses). Other salaries and wages came to $227k. At year end it held assets of $196k against liabilities of $3,735, net assets of $192k. It reported 15 employees.