Custer Food Pantry Inc
Custer Food Pantry Inc maintains strong assets and zero liabilities, but faced a significant deficit in its latest fiscal year.
EIN: 202438046 · Custer, SD · NTEE: K31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $96K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $391K |
| Transparency Score | 92/100 |
Is Custer Food Pantry Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Custer Food Pantry Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Custer Food Pantry Inc
Custer Food Pantry Inc (EIN: 202438046) is a nonprofit organization based in Custer, SD, classified under NTEE code K31. The organization reported total revenue of $108K and total assets of $421K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Custer Food Pantry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Custer Food Pantry Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $96K |
| Surplus / Deficit | $-40,901 |
| Total Assets | $391K |
| Net Assets | $391K |
| Operating Margin | -74.9% |
| Months of Reserves | 49.2 months |
Financial Health Grade: B
In 2023, Custer Food Pantry Inc reported a deficit of $41K with expenses exceeding revenue, holds 49.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Custer Food Pantry Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.6% | +43.4% | -8.3% |
| 2022 | +2.4% | -19.1% | -4.9% |
| 2021 | -61.9% | +4.7% | -2.5% |
| 2020 | +207.8% | +81.9% | +30.3% |
| 2019 | +0.8% | +28.8% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Custer Food Pantry Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Custer Food Pantry Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization operates without paid officers or that any compensation is below reporting thresholds, which is highly efficient for an organization of its size with assets over $400,000.
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.
Red Flags
The following concerns were identified during AI analysis of Custer Food Pantry Inc's IRS 990 filings:
- Significant deficit in the latest fiscal year (202312), with expenses ($95,517) considerably higher than revenue ($54,616).
Strengths
The following positive indicators were identified for Custer Food Pantry Inc:
- Zero reported officer compensation across all filings, indicating highly efficient use of funds for program services.
- No liabilities reported in any filing, demonstrating strong financial health and a debt-free operation.
- Consistent growth in assets over the past decade, from $246,923 in 2014 to $421,204 in the latest period.
- Strong program focus, as implied by the NTEE code and lack of executive compensation.
- Excellent transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Custer Food Pantry Inc
Is Custer Food Pantry Inc a legitimate charity?
Custer Food Pantry Inc (EIN: 202438046) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $108K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Custer Food Pantry Inc spend its money?
Custer Food Pantry Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Custer Food Pantry Inc tax-deductible?
Custer Food Pantry Inc is registered as a tax-exempt nonprofit (EIN: 202438046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Custer Food Pantry Inc CEO make?
Custer Food Pantry Inc's highest-compensated officer earns $400,000. annually. The organization reported $108K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Custer Food Pantry Inc's spending goes to programs?
Custer Food Pantry Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Custer Food Pantry Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Custer Food Pantry Inc is above average for NTEE category K31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Custer Food Pantry Inc located?
Custer Food Pantry Inc is headquartered in Custer, South Dakota and files with the IRS under EIN 202438046. It is classified under NTEE code K31.
How many years of IRS 990 filings does Custer Food Pantry Inc have?
Custer Food Pantry Inc 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 $108K in total revenue.
Is Custer Food Pantry Inc a good charity?
Yes, Custer Food Pantry Inc appears to be a very good charity. It has a strong program focus, zero reported officer compensation, no liabilities, and a consistent history of IRS filings, all indicating a high level of dedication to its mission and efficient use of funds.
How does Custer Food Pantry Inc manage its finances?
The organization manages its finances prudently, maintaining a healthy asset base (e.g., $421,204 in latest assets) and consistently reporting $0 in liabilities. This suggests a debt-free operation and a focus on building reserves. However, the 2023 deficit where expenses ($95,517) exceeded revenue ($54,616) indicates a need to monitor revenue generation relative to spending.
What is the trend in Custer Food Pantry Inc's revenue?
Revenue for Custer Food Pantry Inc has fluctuated over the years, with a notable peak of $185,749 in 2020 and a more recent decline to $54,616 in 2023. While there isn't a consistent upward trend, the organization has generally maintained sufficient revenue to support its operations, though the latest year shows a significant gap between revenue and expenses.
Filing History
IRS 990 filing history for Custer Food Pantry Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Custer Food Pantry Inc's revenue has grown by 23.6%, moving from $44K to $55K. Total assets increased by 61.2% over the same period, from $243K to $391K. Total functional expenses rose by 93.4%, from $49K to $96K. In its most recent filing year (2023), Custer Food Pantry Inc reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $96K | $391K | $0 | — | View 990 |
| 2022 | $72K | $67K | $426K | $0 | — | View 990 |
| 2021 | $71K | $82K | $448K | $0 | — | View 990 |
| 2020 | $186K | $79K | $460K | $0 | — | View 990 |
| 2019 | $60K | $43K | $353K | $0 | — | View 990 |
| 2018 | $60K | $34K | $336K | $0 | — | View 990 |
| 2017 | $57K | $43K | $310K | $0 | — | View 990 |
| 2016 | $75K | $44K | $295K | $0 | — | View 990 |
| 2015 | $55K | $39K | $263K | $0 | — | View 990 |
| 2014 | $51K | $51K | $247K | $0 | — | View 990 |
| 2013 | $49K | $50K | $247K | $0 | — | View 990 |
| 2012 | $59K | $55K | $247K | $0 | — | View 990 |
| 2011 | $44K | $49K | $243K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $96K, and assets of $391K (revenue -24.6% year-over-year).
- 2022: Revenue of $72K, expenses of $67K, and assets of $426K (revenue +2.4% year-over-year).
- 2021: Revenue of $71K, expenses of $82K, and assets of $448K (revenue -61.9% year-over-year).
- 2020: Revenue of $186K, expenses of $79K, and assets of $460K (revenue +207.8% year-over-year).
- 2019: Revenue of $60K, expenses of $43K, and assets of $353K (revenue +0.8% year-over-year).
- 2018: Revenue of $60K, expenses of $34K, and assets of $336K (revenue +4.5% year-over-year).
- 2017: Revenue of $57K, expenses of $43K, and assets of $310K (revenue -24.0% year-over-year).
- 2016: Revenue of $75K, expenses of $44K, and assets of $295K (revenue +36.9% year-over-year).
- 2015: Revenue of $55K, expenses of $39K, and assets of $263K (revenue +7.9% year-over-year).
- 2014: Revenue of $51K, expenses of $51K, and assets of $247K (revenue +3.8% year-over-year).
- 2013: Revenue of $49K, expenses of $50K, and assets of $247K (revenue -17.2% year-over-year).
- 2012: Revenue of $59K, expenses of $55K, and assets of $247K (revenue +34.4% year-over-year).
- 2011: Revenue of $44K, expenses of $49K, and assets of $243K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Custer Food Pantry Inc:
Data Sources and Methodology
This transparency report for Custer Food Pantry Inc 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.