Pace Community Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 39,457 | 63,376 | −23,919 | 13.1 | 0% |
| 2021 | 42,518 | 63,502 | −20,984 | 9.1 | 0% |
| 2022 | 461,753 | 44,806 | 416,947 | 124.6 | 0% |
| 2023 | 169,132 | 247,715 | −78,583 | 93.1 | 0% |
In its most recent public year (2023), this organization spent $78,583 more than it brought in. Its reserves stood at about 93.1 months of spending, up from 13.1 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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