United Pejepscot Housing Inc Pejepscot Terrace

Analysis

United Pejepscot Housing Inc Pejepscot Terrace is a registered charity in United States, based in Brunswick, ME. It received its IRS tax-exemption ruling in December 1979, 47 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Pejepscot Housing Inc Pejepscot Terrace reported income of $1.2m and spending of $1.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+14%), an average of +3.2% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, United Pejepscot Housing Inc Pejepscot Terrace sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within ME. Charities of a similar size with the same main cause include Grove Park Renewal Inc ($1.2m), Portland Affordable Housing Preservation Trust ($1.2m) and MSGR Robert Fox Memorial Shelter Fox House ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Other salaries and wages came to $215k. At year end it held assets of $2.7m against liabilities of $1.4m, net assets of $1.4m. It reported 4 employees.