Pace Telecommunications Center Board

Analysis

Pace Telecommunications Center Board is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pace Telecommunications Center Board reported income of $154k and spending of $164k, spending 106% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income fell from $206k to $154k (-25%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pace Telecommunications Center Board sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Underfashion Club Inc ($154k), Society for Clinical & Experimental Hypnosis ($154k) and Electric Earth Concerts ($154k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $325k against liabilities of $228, net assets of $324k.