Is Table Of Plenty Legit?

Table Of Plenty demonstrates consistent financial operations, with revenues fluctuating but generally covering expenses. In 2023, the organization reported $35,220 in revenue against $42,568 in expenses, indicating a slight deficit for the year. However, its assets have shown growth over time, increasing from $36,511 in 2014 to $103,491 in 2023, suggesting sound asset management. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and responsible fiscal practices. The organization's spending efficiency appears strong, particularly given its consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards its mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive sign regarding resource allocation. The organization's NTEE code K30 (Food Banks & Pantries) aligns with direct service, further supporting the likelihood of program-focused spending. Transparency is high due to the availability of 13 years of IRS 990 filings, showing a long history of public disclosure. The consistent reporting of zero liabilities and zero officer compensation across all periods enhances confidence in their financial reporting. The organization's relatively small size and local focus (Berwick, ME) likely contribute to a lean operational structure, which is often associated with higher efficiency in direct service charities.