Peoples United Community Foundation
Peoples United Community Foundation maintains strong asset growth and reports zero executive compensation.
EIN: 208675365 · Bridgeport, CT · NTEE: T21 · Updated: 2026-03-28
Is Peoples United Community Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peoples United Community Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peoples United Community Foundation
Peoples United Community Foundation (EIN: 208675365) is a nonprofit organization based in Bridgeport, CT, classified under NTEE code T21. The organization reported total revenue of $13.6M and total assets of $64.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peoples United Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peoples United Community Foundation is a large nonprofit that has been operating for 17 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$721K |
| Total Assets | $57.5M |
| Total Liabilities | $58K |
| Net Assets | $57.4M |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 191.5 months |
Financial Health Grade: A
In 2020, Peoples United Community Foundation reported a surplus of $721K with revenue exceeding expenses, holds 191.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Peoples United Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +40.2% | +2.5% | +1.1% |
| 2019 | +17.3% | +19.2% | +12.8% |
| 2015 | +332.2% | +304.5% | +765.8% |
| 2014 | -72.1% | -72.6% | -88.6% |
| 2013 | +0.6% | -3.5% | +20.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Peoples United Community Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Peoples United Community Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $721K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly commendable for an organization of its size with assets exceeding $64 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Peoples United Community Foundation:
- Consistently reports 0% officer compensation, indicating high efficiency and transparency.
- Strong and growing asset base, increasing from $42.4 million in 2012 to $64.7 million currently.
- Latest revenue of $13.6 million shows significant growth and capacity for impact.
- Expenses generally managed responsibly, often below or close to revenue.
- Healthy financial position with substantial assets relative to liabilities in most periods.
Frequently Asked Questions about Peoples United Community Foundation
Is Peoples United Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peoples United Community Foundation (EIN: 208675365) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Peoples United Community Foundation spend its money?
Peoples United Community Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peoples United Community Foundation tax-deductible?
Peoples United Community Foundation is registered as a tax-exempt nonprofit (EIN: 208675365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Peoples United Community Foundation a good charity?
Based on the provided data, Peoples United Community Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, consistently reports zero officer compensation, and has a history of managing expenses responsibly.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, with assets growing from $42.4 million in 2012 to $64.7 million currently. Revenue has also seen substantial growth, particularly in the latest period, indicating increased capacity for its mission.
What is the trend in revenue and expenses?
Revenue has fluctuated but shows an overall upward trend, with a notable jump to $13.6 million in the latest period. Expenses have generally been managed below or close to revenue, indicating sound financial stewardship, especially in 202012 where revenue ($4.3M) exceeded expenses ($3.6M).
Filing History
IRS 990 filing history for Peoples United Community Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Peoples United Community Foundation's revenue has grown by 133.8%, moving from $1.8M to $4.3M. Total assets increased by 33.1% over the same period, from $43.2M to $57.5M. Total functional expenses rose by 24.3%, from $2.9M to $3.6M. In its most recent filing year (2020), Peoples United Community Foundation reported a surplus of $721K, with revenue exceeding expenses. The organization holds $58K in liabilities against $57.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $57.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $4.3M | $3.6M | $57.5M | $58K | — | — |
| 2019 | $3.1M | $3.5M | $56.9M | $18K | — | View 990 |
| 2015 | $2.6M | $2.9M | $50.4M | $57K | — | View 990 |
| 2014 | $608K | $729K | $5.8M | $0 | — | View 990 |
| 2013 | $2.2M | $2.7M | $51.0M | $64K | — | View 990 |
| 2012 | $2.2M | $2.8M | $42.4M | $54K | — | View 990 |
| 2011 | $1.8M | $2.9M | $43.2M | $96K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $4.3M, expenses of $3.6M, and assets of $57.5M (revenue +40.2% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.5M, and assets of $56.9M (revenue +17.3% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.9M, and assets of $50.4M (revenue +332.2% year-over-year).
- 2014: Revenue of $608K, expenses of $729K, and assets of $5.8M (revenue -72.1% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.7M, and assets of $51.0M (revenue +0.6% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.8M, and assets of $42.4M (revenue +17.1% year-over-year).
- 2011: Revenue of $1.8M, expenses of $2.9M, and assets of $43.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peoples United Community Foundation:
Data Sources and Methodology
This transparency report for Peoples United Community Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.