Pace of Guilford & Rockingham Counties Inc

Analysis

Pace of Guilford & Rockingham Counties Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Pace of Guilford & Rockingham Counties Inc reported income of $29.2m and spending of $23.1m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.2m to $29.2m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pace of Guilford & Rockingham Counties Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Cerebral Palsy of Westchester Inc ($29.2m), The Fistula Foundation ($29.3m) and Frontier Science and Technology Research Foundation Inc ($29.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $231k (1.0% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $23.6m against liabilities of $4.7m, net assets of $18.9m. It reported 115 employees.