North Carolina Pace Association

Analysis

North Carolina Pace Association is a registered charity in United States, based in Holly Springs, NC. It received its IRS tax-exemption ruling in September 2013, 13 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 June 2023, North Carolina Pace Association reported income of $349k and spending of $338k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $333k to $349k (+4.6%), an average of +1.1% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Carolina Pace Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Down Syndrome Association of South Texas ($349k), Seven Star Academy Inc ($349k) and Friends of Psychiatry Foundation ($348k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. At year end it held assets of $292k against liabilities of $96k, net assets of $196k.