Joseph Pedott Perpetual Endowment Trust

Analysis

Joseph Pedott Perpetual Endowment Trust is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Joseph Pedott Perpetual Endowment Trust reported income of $283k and spending of $310k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.4m to $283k (-79%), an average of -27% a year. The sharpest change came in the year to June 2021, when income rose by 1821%. Over the whole period it spent 25% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joseph Pedott Perpetual Endowment Trust sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Cooperative Baptist Fellowship of Virginia Inc ($283k), Life Resources Inc ($283k) and Joe Phillips Ministries Inc ($283k).

At year end it held assets of $10.8m against liabilities of $16k, net assets of $10.8m.