PACE UNIVERSITY
861 BEDFORD RD, PLEASANTVILLE, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $719,108,199 | $707,329,389 | $541,453,392 |
| FY2024 | $707,688,190 | $683,292,025 | $508,932,267 |
| FY2023 | $682,582,586 | $638,143,341 | $462,540,678 |
| FY2022 | $627,806,353 | $586,153,852 | $396,598,811 |
| FY2021 | $612,723,269 | $569,606,672 | $404,984,810 |
| FY2020 | $597,655,933 | $582,820,516 | $317,550,307 |
| FY2019 | $596,658,186 | $587,917,926 | $301,228,258 |
| FY2018 | $581,487,317 | $570,238,330 | $289,150,922 |
| FY2017 | $578,168,070 | $543,812,332 | $275,055,400 |
| FY2016 | $554,628,595 | $531,117,954 | $222,882,411 |
| FY2015 | $497,798,171 | $473,097,460 | $208,171,878 |
| FY2014 | $492,988,304 | $466,375,548 | $184,353,738 |
| FY2013 | $456,239,816 | $449,658,530 | $160,819,793 |
| FY2012 | $443,871,187 | $436,967,030 | $140,559,083 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $39,066,327 | 6% |
| Program service revenue | $652,185,817 | 94% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $624,590,879 | 88% |
| Management & general | $74,447,853 | 11% |
| Fundraising | $8,290,657 | 1% |
What the numbers show
- Program service revenue made up 94% of total revenue in FY2025.
- Program services accounted for 88% of functional expenses, management & general 11%, and fundraising 1%.
- 88% of functional expenses went to program services in FY2025. That is higher than 65.3% of 412 Education organizations in NY.
- Net assets covered about 9.2 months of expenses at the end of the reporting year. That puts it in the 38th percentile among 4125 Education organizations in NY.
- Total revenue was higher than 99.7% of 4251 Education organizations in NY.
- Total revenue rose from $443,871,187 in FY2012 to $719,108,199 in FY2025, Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $140,559,083 to $541,453,392 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
PACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION.
IRS status
| Ruling year | 1949 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B40 — Education (in NY) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- AMERICAN UNIVERSITY OF BEIRUT — NEW YORK, NY · $709,669,598
- HOFSTRA UNIVERSITY — HEMPSTEAD, NY · $733,581,247
- RENSSELAER POLYTECHNIC INSTITUTE — TROY, NY · $737,196,871
- THE NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN FOUNDATIONS — NEW YORK, NY · $693,176,891
- RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK — NEW YORK, NY · $667,697,898
- NYC SCHOOL SUPPORT SERVICES INC — NEW YORK, NY · $807,359,173
- THE NEW SCHOOL — NEW YORK, NY · $630,645,764
- ST JOHNS UNIVERSITY NEW YORK — JAMAICA, NY · $843,696,353
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.