The paper presents the results of an EPR study of the magnetic, relaxation, and dynamic parameters of spin charge carriers photogenerated by light in photovoltaic polymer composites, based on poly(3-dodecylthiophene) (P3DDT) and 6,6-phenyl-C61-butyric acid methyl ester (PCBM), in the presence of coumarin admixed to the system. It has been shown that the concentration of polarons and fullerene radical anions is characterized by a nonmonotonic dependence on the energy of incident photons with extrema at 1.9 and 2.7 eV. The largest increase in the concentration of mobile charge carriers was observed in composites with a coumarin content of 3 or 6 wt %. A significant slowdown of the carrier recombination process in the composites containing 3–6 wt % coumarin was observed after switching off the light. The temperature dependences of the concentrations of mobile and localized charge carriers for P3DDT/PCBM samples with a coumarin content of 3 wt % showed enhancement of the exchange interaction between charge carriers. The data obtained lead to the conclusion that coumarin affects spin interactions in the polymer composite.