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Pace Charter School of Hamilton

Hamilton, NJ · EIN 22-3632791 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Pace Charter School of Hamilton reported $11.2 million in revenue and $10.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.84 went to program services, $25.16 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.6% of the total. Government grants made up 97.6%. The highest compensation it reported for one person was $262,500 (LEAD PERSON). 3 people received more than $100,000 in reportable compensation. Revenue rose 92% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $10M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11M

Other revenue was negative: −$321K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
74.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
25.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
97.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
97.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
4.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$262,500$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.52%1.28%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.613.3
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$7.8M expenses · 100.0% of program spending

The Pace Charter School of Hamilton provides a full range of services appropriate to all students in grades kindergarten thru grade seven. These services include regular, as well as special education and basic skills instruction. The Charter School completed the 2024-2025 school year with an enrollment of 463 students

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
LEAD PERSON
Officer, 40.00 hrs/week
$262,500$0$0$262,500
PRINCIPAL
Listed in Part VII, 40.00 hrs/week
$158,896$0$0$158,896
Teacher Rep
Officer, 40.00 hrs/week
$120,000$0$0$120,000

3 people received more than $100,000 in reportable compensation from Pace Charter School of Hamilton (Part VII, line 2). Compensation of current officers, directors and key employees totaled $904K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$11M$10M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$10M74.8%$4.0M$262,500
FY2024 ⓘ$11M$9.1M73.9%$3.2M$250,000
FY2023 ⓘ$8.9M$8.2M84.3%$1.7M$171,056
FY2022 ⓘ$8.3M$7.5M72.2%$1.1M$161,000
FY2021 ⓘ$7.0M$6.8M79.1%$400K$124,416
FY2020 ⓘ$5.8M$5.4M82.9%$244K$114,999

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 581

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
KARSON FOOD SERVICE
Food service
$220,878

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Pace Charter School of Hamilton totaling $666 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Pace Charter School of Hamilton's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Pace Charter School of Hamilton, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Jersey

Questions people ask

How much of Pace Charter School of Hamilton's spending goes to programs?

In the fiscal year ending June 30, 2025, Pace Charter School of Hamilton reported that 74.8% of its $10.4 million in expenses went to program services, 25.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Pace Charter School of Hamilton pay its top executive?

The largest total compensation Pace Charter School of Hamilton reported for one person in the fiscal year ending June 30, 2025 was $262,500, for the role of LEAD PERSON (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Pace Charter School of Hamilton get its money?

Of $11.2 million in revenue in the fiscal year ending June 30, 2025, 97.6% came from contributions and grants (including 97.6% from government grants) and 4.0% from program service revenue (Form 990, Part VIII).

Is Pace Charter School of Hamilton a registered charity?

The IRS lists EIN 22-3632791 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610429349301336 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531329349301433 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421299349302247 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311299349301126 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231249349302208 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131309349301413 · read the filing

All filings for EIN 22-3632791: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.