P a C E Inc

Analysis

P a C E Inc is a registered charity in United States, based in Alliance, OH. It received its IRS tax-exemption ruling in June 1981, 45 years ago. 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 December 2023, P a C E Inc reported income of $425k and spending of $517k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $409k to $425k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, P a C E Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Cyberhive ($425k), Hickory Hollow Christian School ($425k) and American Water Works Association ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $81k (16% of expenses). Other salaries and wages came to $265k. At year end it held assets of $342k against liabilities of $23, net assets of $342k. It reported 15 employees.