Peoples Cooperative Services Trust

Analysis

Peoples Cooperative Services Trust is a registered charity in United States, based in Oronoco, MN. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peoples Cooperative Services Trust reported income of $92k and spending of $112k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $92k (-1.5%), an average of -1.5% a year. Over the whole period it spent 124% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Peoples Cooperative Services Trust sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Reggie Puckett Junior Inc ($92k), Lewer Foundation ($92k) and Honestdefi Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.