Biddeford Food Pantry
Biddeford Food Pantry shows strong financial growth and zero executive compensation over the past decade.
EIN: 10378369 · Biddeford, ME · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $406K |
| Total Expenses | $285K |
| Program Spending | 90% |
| Net Assets | $1.1M |
| Transparency Score | 95/100 |
Is Biddeford Food Pantry Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Biddeford Food Pantry directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Biddeford Food Pantry
Biddeford Food Pantry (EIN: 10378369) is a nonprofit organization based in Biddeford, ME, classified under NTEE code P60. The organization reported total revenue of $406K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Biddeford Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Biddeford Food Pantry is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $401K |
| Total Expenses | $285K |
| Surplus / Deficit | +$116K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 28.8% |
| Months of Reserves | 45.5 months |
Financial Health Grade: A
In 2024, Biddeford Food Pantry reported a surplus of $116K with revenue exceeding expenses, holds 45.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Biddeford Food Pantry's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +41.8% | +80.0% | +12.0% |
| 2023 | -9.4% | +41.5% | +14.7% |
| 2022 | -16.6% | -6.1% | +31.2% |
| 2021 | +90.2% | +57.7% | +24.4% |
| 2020 | +82.1% | -29.4% | +28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Biddeford Food Pantry with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Biddeford Food Pantry allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $116K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and maximizes funds available for program delivery.
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 Biddeford Food Pantry:
- Consistent asset growth, from $73,191 in 201505 to $1,082,898 in 202405.
- Zero liabilities reported in recent periods (201605-201805, 202105-202405), indicating strong financial stability.
- No officer compensation reported across all filings, maximizing funds for programs.
- Significant revenue growth, from $63,879 in 201505 to $400,983 in 202405.
- Efficient spending, with expenses consistently lower than revenue, allowing for asset accumulation.
Frequently Asked Questions about Biddeford Food Pantry
Is Biddeford Food Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, Biddeford Food Pantry (EIN: 10378369) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Biddeford Food Pantry spend its money?
Biddeford Food Pantry directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Biddeford Food Pantry tax-deductible?
Biddeford Food Pantry is registered as a tax-exempt nonprofit (EIN: 10378369). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Biddeford Food Pantry's spending goes to programs?
Biddeford Food Pantry directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Biddeford Food Pantry compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Biddeford Food Pantry is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Biddeford Food Pantry located?
Biddeford Food Pantry is headquartered in Biddeford, Maine and files with the IRS under EIN 10378369. It is classified under NTEE code P60.
How many years of IRS 990 filings does Biddeford Food Pantry have?
Biddeford Food Pantry has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $406K in total revenue.
Is Biddeford Food Pantry a good charity?
Based on the provided financial data, Biddeford Food Pantry appears to be a very good charity. They demonstrate strong financial health, consistent asset growth, zero liabilities in recent years, and no executive compensation, indicating efficient use of funds for their mission.
How has Biddeford Food Pantry's financial health changed over time?
Biddeford Food Pantry's financial health has significantly improved over time. Assets grew from $73,191 in 201505 to $1,082,898 in 202405, and revenue has increased substantially, from $63,879 in 201505 to $400,983 in 202405, while maintaining zero liabilities in most recent periods.
What is the organization's approach to executive compensation?
The organization has a consistent approach of not paying any officer compensation, as reported at 0% across all 13 filings. This suggests a volunteer-driven leadership model.
Filing History
IRS 990 filing history for Biddeford Food Pantry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Biddeford Food Pantry's revenue has grown by 468.7%, moving from $71K to $401K. Total assets increased by 1421.6% over the same period, from $71K to $1.1M. Total functional expenses rose by 358%, from $62K to $285K. In its most recent filing year (2024), Biddeford Food Pantry reported a surplus of $116K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $401K | $285K | $1.1M | $0 | — | — |
| 2023 | $283K | $159K | $967K | $0 | — | View 990 |
| 2022 | $312K | $112K | $843K | $0 | — | View 990 |
| 2021 | $375K | $119K | $643K | $0 | — | View 990 |
| 2020 | $197K | $76K | $517K | $129K | — | View 990 |
| 2019 | $108K | $107K | $403K | $137K | — | View 990 |
| 2018 | $224K | $93K | $403K | $138K | — | View 990 |
| 2017 | $87K | $61K | $134K | $0 | — | View 990 |
| 2016 | $90K | $56K | $107K | $0 | — | View 990 |
| 2015 | $64K | $56K | $73K | $0 | — | View 990 |
| 2014 | $59K | $61K | $65K | $0 | — | View 990 |
| 2013 | $52K | $56K | $67K | $0 | — | View 990 |
| 2012 | $71K | $62K | $71K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $401K, expenses of $285K, and assets of $1.1M (revenue +41.8% year-over-year).
- 2023: Revenue of $283K, expenses of $159K, and assets of $967K (revenue -9.4% year-over-year).
- 2022: Revenue of $312K, expenses of $112K, and assets of $843K (revenue -16.6% year-over-year).
- 2021: Revenue of $375K, expenses of $119K, and assets of $643K (revenue +90.2% year-over-year).
- 2020: Revenue of $197K, expenses of $76K, and assets of $517K (revenue +82.1% year-over-year).
- 2019: Revenue of $108K, expenses of $107K, and assets of $403K (revenue -51.8% year-over-year).
- 2018: Revenue of $224K, expenses of $93K, and assets of $403K (revenue +156.4% year-over-year).
- 2017: Revenue of $87K, expenses of $61K, and assets of $134K (revenue -2.9% year-over-year).
- 2016: Revenue of $90K, expenses of $56K, and assets of $107K (revenue +40.9% year-over-year).
- 2015: Revenue of $64K, expenses of $56K, and assets of $73K (revenue +8.6% year-over-year).
- 2014: Revenue of $59K, expenses of $61K, and assets of $65K (revenue +12.8% year-over-year).
- 2013: Revenue of $52K, expenses of $56K, and assets of $67K (revenue -26.1% year-over-year).
- 2012: Revenue of $71K, expenses of $62K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Biddeford Food Pantry:
Data Sources and Methodology
This transparency report for Biddeford Food Pantry 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.