Natalie & George Pace Scholarship Fund

Analysis

Natalie & George Pace Scholarship Fund is a registered charity in United States, based in Boys Town, NE. It received its IRS tax-exemption ruling in May 1987, 39 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 December 2023, Natalie & George Pace Scholarship Fund reported income of $106k and spending of $186k, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $108k to $106k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Natalie & George Pace Scholarship Fund sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NE. Charities of a similar size with the same main cause include Berkeley Clinic Auxiliary ($106k), Holy Trinity-Old Swedes-Church Foundation Inc ($106k) and Center for Purposeful Leadership ($106k).

At year end it held assets of $3.6m against liabilities of $1,252, net assets of $3.6m.