Pace University

Pace University shows consistent revenue growth and asset accumulation, maintaining a healthy financial surplus.

EIN: 135562314 · Pleasantville, NY · NTEE: B40 · Updated: 2026-03-28

$830.3MRevenue
$707.7MGross Revenue
$1.4BAssets
85/100Mission Score (Excellent)
B40

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Pace University Financial Summary
MetricValue
Total Revenue$830.3M
Total Expenses$638.1M
Program Spending85%
CEO/Top Officer Pay$600
Net Assets$462.5M
Transparency Score85/100

Search Intent Cockpit

Pace University Form 990, Revenue, CEO Pay, and IRS Filing Signals

Pace University is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Pace University in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $682.6M and expenses of $638.1M.

Revenue and Expenses

Pace University reported $682.6M in revenue and $638.1M in expenses, a surplus of $44.4M.

Executive Compensation

Top officer compensation appears as $600 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Pace University Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Pace University Expense Deployment
Program services$542.4M (85%)

Across stored filings, Pace University shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Pace University Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend85% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Education context

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Pace University directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Pace University

Pace University (EIN: 135562314) is a nonprofit organization based in Pleasantville, NY, classified under NTEE code B40. The organization reported total revenue of $830.3M and total assets of $1.4B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pace University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

77Years Operating
MajorSize Classification
13Years of Filings
MixedRevenue Trajectory

Pace University is a major nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$682.6M
Total Expenses$638.1M
Surplus / Deficit+$44.4M
Total Assets$1.3B
Total Liabilities$837.5M
Net Assets$462.5M
Operating Margin6.5%
Debt-to-Asset Ratio64.4%
Months of Reserves24.4 months

Financial Health Grade: A

In 2023, Pace University reported a surplus of $44.4M with revenue exceeding expenses, holds 24.4 months of operating reserves (strong position), has a debt-to-asset ratio of 64.4% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Pace University's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+8.7%+8.9%+18.9%
2022+2.5%+2.9%-3.9%
2021+2.5%-2.3%+60.9%
2020+0.2%-0.9%+2.1%
2019+2.6%+3.1%+1.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1949

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Pace University demonstrates a consistent pattern of financial growth and stability over the past decade. Revenue has steadily increased from $492,988,304 in 2014 to $682,582,586 in 2023, with a notable jump in assets from $593,137,972 to $1,300,057,209 over the same period. The organization consistently operates with a surplus, as evidenced by expenses being lower than revenue in all reported periods, indicating sound financial management. For instance, in 2023, revenue was $682,582,586 against expenses of $638,143,341, resulting in a surplus of over $44 million. The organization's liabilities have also grown, but at a slower pace than assets, suggesting a healthy balance sheet. The absence of reported officer compensation in the provided data is unusual for an organization of this size and could indicate that compensation is reported differently or falls under a different category not detailed in this summary, which might warrant further investigation for complete transparency. Overall, Pace University appears to be in a strong financial position, effectively managing its resources to support its educational mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pace University with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Pace University allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$682.6MTotal Revenue
$638.1MTotal Expenses
$1.3BTotal Assets
$837.5MTotal Liabilities
$462.5MNet Assets
  • The organization reported a surplus of $44.4M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 64.4%.

Executive Compensation Analysis

The provided data indicates 0% officer compensation across all reported periods, which is highly unusual for an institution with over $600 million in annual revenue and over $1 billion in assets. This suggests that executive compensation might be reported under different categories or is not disclosed in this specific summary, warranting further scrutiny for a complete understanding of compensation practices.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Pace University's IRS 990 filings:

  • Unusual 0% officer compensation reported across all filings, which may indicate a lack of transparency in compensation disclosure or reporting methodology.

Strengths

The following positive indicators were identified for Pace University:

  • Consistent revenue growth, increasing from $492,988,304 in 2014 to $682,582,586 in 2023.
  • Significant asset growth, more than doubling from $593,137,972 in 2014 to $1,300,057,209 in 2023.
  • Consistent financial surpluses, with revenues exceeding expenses in all reported periods (e.g., $44 million surplus in 2023).
  • Strong balance sheet with assets growing faster than liabilities.

Frequently Asked Questions about Pace University

Is Pace University a legitimate charity?

Pace University (EIN: 135562314) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $830.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Pace University spend its money?

Pace University directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Pace University tax-deductible?

Pace University is registered as a tax-exempt nonprofit (EIN: 135562314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Pace University CEO make?

Pace University's highest-compensated officer earns $600 annually. The organization reported $830.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Pace University's spending goes to programs?

Pace University directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Pace University compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Pace University is above average for NTEE category B40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Pace University located?

Pace University is headquartered in Pleasantville, New York and files with the IRS under EIN 135562314. It is classified under NTEE code B40.

How many years of IRS 990 filings does Pace University have?

Pace University has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $830.3M in total revenue.

Is Pace University a good charity?

Based on the financial data, Pace University demonstrates strong financial health with consistent revenue growth and asset accumulation. It consistently operates with a surplus, indicating effective financial management. The absence of reported officer compensation in this summary is a point that would require further investigation for a complete assessment of transparency.

How has Pace University's financial health changed over the last decade?

Pace University's financial health has significantly improved over the last decade. Revenue increased from $492,988,304 in 2014 to $682,582,586 in 2023, and assets more than doubled from $593,137,972 to $1,300,057,209 in the same period, indicating robust growth and stability.

What is Pace University's spending efficiency?

Pace University appears to be efficient in its spending, consistently operating with a surplus. For example, in 2023, expenses were $638,143,341 against revenues of $682,582,586, demonstrating that the organization manages its expenditures within its income.

Filing History

IRS 990 filing history for Pace University showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Pace University's revenue has grown by 64.7%, moving from $414.4M to $682.6M. Total assets increased by 188.2% over the same period, from $451.1M to $1.3B. Total functional expenses rose by 58.4%, from $402.9M to $638.1M. In its most recent filing year (2023), Pace University reported a surplus of $44.4M, with revenue exceeding expenses. The organization holds $837.5M in liabilities against $1.3B in assets (debt-to-asset ratio: 64.4%), resulting in net assets of $462.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $682.6M $638.1M $1.3B $837.5M View 990
2022 $627.8M $586.2M $1.1B $696.8M View 990
2021 $612.7M $569.6M $1.1B $733.1M View 990
2020 $597.7M $582.8M $707.4M $389.8M View 990
2019 $596.7M $587.9M $692.7M $391.5M View 990
2018 $581.5M $570.2M $683.3M $394.2M View 990
2017 $578.2M $543.8M $662.8M $387.7M View 990
2016 $554.6M $531.1M $618.7M $395.8M View 990
2015 $497.8M $473.1M $599.9M $391.7M View 990
2014 $493.0M $466.4M $593.1M $408.8M View 990
2013 $456.2M $449.7M $477.8M $317.0M View 990
2012 $443.9M $437.0M $464.5M $323.9M View 990
2011 $414.4M $402.9M $451.1M $294.6M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $682.6M, expenses of $638.1M, and assets of $1.3B (revenue +8.7% year-over-year).
  • 2022: Revenue of $627.8M, expenses of $586.2M, and assets of $1.1B (revenue +2.5% year-over-year).
  • 2021: Revenue of $612.7M, expenses of $569.6M, and assets of $1.1B (revenue +2.5% year-over-year).
  • 2020: Revenue of $597.7M, expenses of $582.8M, and assets of $707.4M (revenue +0.2% year-over-year).
  • 2019: Revenue of $596.7M, expenses of $587.9M, and assets of $692.7M (revenue +2.6% year-over-year).
  • 2018: Revenue of $581.5M, expenses of $570.2M, and assets of $683.3M (revenue +0.6% year-over-year).
  • 2017: Revenue of $578.2M, expenses of $543.8M, and assets of $662.8M (revenue +4.2% year-over-year).
  • 2016: Revenue of $554.6M, expenses of $531.1M, and assets of $618.7M (revenue +11.4% year-over-year).
  • 2015: Revenue of $497.8M, expenses of $473.1M, and assets of $599.9M (revenue +1.0% year-over-year).
  • 2014: Revenue of $493.0M, expenses of $466.4M, and assets of $593.1M (revenue +8.1% year-over-year).
  • 2013: Revenue of $456.2M, expenses of $449.7M, and assets of $477.8M (revenue +2.8% year-over-year).
  • 2012: Revenue of $443.9M, expenses of $437.0M, and assets of $464.5M (revenue +7.1% year-over-year).
  • 2011: Revenue of $414.4M, expenses of $402.9M, and assets of $451.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Pace University:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Pace University is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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