Pace Athletic and Recreation Association Inc

Analysis

Pace Athletic and Recreation Association Inc is a registered charity in United States, based in Pace, FL. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Pace Athletic and Recreation Association Inc reported income of $522k and spending of $424k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $522k (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pace Athletic and Recreation Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Williamsburg Starz Gold ($522k), Millbrook Horse Trials Inc ($522k) and Helena Youth Soccer Association Inc ($522k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. At year end it held assets of $183k against liabilities of $0, net assets of $183k.