Quick charity verification for Island Pantry Inc (EIN: 223082960)
Verdict: Island Pantry Inc appears trustworthy
75/100Mission Score
$85KRevenue
$580KAssets
3Red Flags
2Strengths
Red Flags
Revenue has significantly declined from $194,285 in 2021 to $85,200 in 2023.
Administrative expenses consistently represent a substantial portion of total expenses, e.g., $69,004 out of $90,441 total expenses in 2023.
Total expenses ($90,441 in 2023) exceed revenue ($85,200 in 2023), indicating reliance on prior year assets or other funding sources.
Strengths
Assets have shown consistent growth, from $276,795 in 2019 to $580,218 in 2023.
The organization maintains a strong asset base relative to its annual revenue and expenses.
AI Transparency Report
Island Pantry Inc is a public & society benefit nonprofit based in Deer Isle, Maine, with reported revenue of $85K and assets of $580K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 60% of spending goes to programs, 30% to administration, and 10% to fundraising. Executive compensation is not reported in the provided filings, suggesting it is below the $100,000 threshold for individual reporting. Revenue has declined -26% across 12 filing periods.