Pacem School Inc

Analysis

Pacem School Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pacem School Inc reported income of $385k and spending of $306k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $251k to $385k (+53%), an average of +53% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pacem School Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 59th percentile within VT. Charities of a similar size with the same main cause include Newbury Public Library Foundation of New Hampshire ($385k), Ohio Mayors Alliance Foundation ($385k) and Friends of Jowonio Inc ($385k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $67k (22% of expenses). Other salaries and wages came to $93k. At year end it held assets of $184k against liabilities of $3,260, net assets of $181k. It reported 10 employees.