Pejepscot Endowment Trust

Analysis

Pejepscot Endowment Trust is a registered charity in United States, based in Brunswick, ME. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Pejepscot Endowment Trust reported income of $53k and spending of $80k, spending 150% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $69k to $53k (-22%), an average of -6.0% a year. The sharpest change came in the year to March 2022, when income rose by 145%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pejepscot Endowment Trust sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 14th percentile within ME. Charities of a similar size with the same main cause include Mayville Limestone School Museum Inc ($53k), Sacramento Institute for Music and the Arts ($53k) and Himalayan Art Resources Inc ($53k).

At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.