Pacesetters Inc

Analysis

Pacesetters Inc is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Pacesetters Inc reported income of $118k and spending of $108k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $118k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pacesetters Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 33rd percentile within ND. Charities of a similar size with the same main cause include Carolina Study Center Inc ($118k), World View Inc ($118k) and Comission Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $350, net assets of $66k.