Pejepscot Housing Inc

Analysis

Pejepscot Housing Inc is a registered charity in United States, based in Brunswick, ME. It received its IRS tax-exemption ruling in June 2002, 24 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).

In the financial year ending December 2023, Pejepscot Housing Inc reported income of $93k and spending of $112k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $93k (+6.0%), an average of +1.5% a year. Over the whole period it spent 118% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pejepscot Housing Inc sits at the 41st 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 28th percentile within ME. Charities of a similar size with the same main cause include Sing Tao Buddhist Association Inc ($93k), Rotary 5950 Foundation ($93k) and Christmas for Everyone Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $18k. At year end it held assets of $715k against liabilities of $8,260, net assets of $707k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.