Pace at Wellington

Analysis

Pace at Wellington is a registered charity in United States, based in Woodinville, WA. 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 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 August 2023, Pace at Wellington reported income of $52k and spending of $48k, spending 92% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $54k to $52k (-3.0%), an average of -3.0% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pace at Wellington sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 15th percentile within WA. Charities of a similar size with the same main cause include Joe Dumphy Memorial Golf Scholarship Inc ($52k), Pioneer Boosters Inc ($52k) and Stevenson Band Booster Club Inc ($52k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 52% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.