Charity Impact Media

Home › Health care

Pace at Home

Newton, NC · EIN 27-3462373 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Pace at Home reported $23.2 million in revenue and $19.6 million in expenses for calendar year 2024. Of every $100 it spent, $84.15 went to program services, $15.85 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.9% of the total. The highest compensation it reported for one person was $269,007 (MEDICAL DIRECTOR). 4 people received more than $100,000 in reportable compensation. Revenue rose 61% between 2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $20M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $23M

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
84.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
15.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.9%93.7%
Highest reported compensation
Part VII-A, columns D–F
$269,007$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.38%1.34%
People paid over $100,000
Part VII, line 2
427
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.26.6
Independent voting board members
Part VI 1a–1b
8 of 888.9%

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

2024 · Form 990, Part III · the three largest programs by expense
$16M expenses · 100.0% of program spending · revenue $23M

The organization provided a program of all-inclusive care for the elderly that allowed individuals in need of skilled nursing home care to remain in their home or community setting. Services included adult day health services, medical care, physical therapy, social activities and transportation. During 2024, the organization served 221 individuals

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
MEDICAL DIRECTOR
Highest compensated employee, 40.00 hrs/week
$269,007$0$0$269,007
PROGRAM DIRECTOR
Officer, 40.00 hrs/week
$139,781$0$0$139,781
NURSE PRACTITIONER
Highest compensated employee, 40.00 hrs/week
$119,389$0$0$119,389
NURSE PRACTITIONER
Highest compensated employee, 40.00 hrs/week
$106,671$0$0$106,671

4 people received more than $100,000 in reportable compensation from Pace at Home (Part VII, line 2). Compensation of current officers, directors and key employees totaled $140K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$23M$20M84.2%$6.9M$269,007
2023 ⓘ$19M$17M84.1%$3.3M$154,281
2022 ⓘ$15M$14M81.0%$1.2M$173,593
2021 ⓘ$13M$14M82.2%$324K$251,533
2020 ⓘ$14M$13M81.9%$1.3M$253,082

Governance answers, as filed

2024 · 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–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • 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 5122

Private foundation grants it received

1 private foundation reported grants to Pace at Home totaling $39 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 at Home'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 at Home, you can publish a response that is linked from this page.

Questions people ask

How much of Pace at Home's spending goes to programs?

In calendar year 2024, Pace at Home reported that 84.2% of its $19.6 million in expenses went to program services, 15.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Pace at Home pay its top executive?

The largest total compensation Pace at Home reported for one person in calendar year 2024 was $269,007, for the role of MEDICAL DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Pace at Home get its money?

Of $23.2 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.9% from program service revenue (Form 990, Part VIII).

Is Pace at Home a registered charity?

The IRS lists EIN 27-3462373 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202512189349301326 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202431779349301703 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202311809349301131 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202201809349301815 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202141979349301124 · read the filing

All filings for EIN 27-3462373: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.