Family Pantry Of Cape Cod Corp The
Family Pantry of Cape Cod: Strong Growth, Prudent Spending
EIN: 223079904 · Harwich, MA · NTEE: K31Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $11.1M |
| Total Expenses | $4.0M |
| Program Spending | 80% |
| Net Assets | $12.5M |
| Transparency Score | 85/100 |
Is Family Pantry Of Cape Cod Corp The Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Pantry Of Cape Cod Corp The directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Pantry Of Cape Cod Corp The
Family Pantry Of Cape Cod Corp The (EIN: 223079904) is a nonprofit organization based in Harwich, MA, classified under NTEE code K31Z. The organization reported total revenue of $11.1M and total assets of $14.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Pantry Of Cape Cod Corp The's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Pantry Of Cape Cod Corp The is a large nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $12.5M |
| Total Liabilities | $65K |
| Net Assets | $12.5M |
| Operating Margin | 34.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 37.6 months |
Financial Health Grade: A
In 2023, Family Pantry Of Cape Cod Corp The reported a surplus of $2.1M with revenue exceeding expenses, holds 37.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Pantry Of Cape Cod Corp The's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | -6.0% | +24.8% |
| 2022 | +19.0% | +35.0% | +22.1% |
| 2021 | -6.4% | -4.5% | +35.9% |
| 2020 | +36.4% | -5.7% | +64.7% |
| 2019 | +25.3% | +19.9% | +21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Family Pantry Of Cape Cod Corp The with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Family Pantry Of Cape Cod Corp The allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 surplus of $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and growth, with no red flags identified in the available filings.
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 Family Pantry Of Cape Cod Corp The:
- Consistent revenue growth from $3.2M in 2017 to $6.1M in 2023 (excluding non-cash contributions).
- Healthy asset accumulation, growing from $2.7M in 2017 to $12.5M in 2023, indicating strong financial management.
- Low liability-to-asset ratio, demonstrating financial stability and minimal debt burden.
Frequently Asked Questions about Family Pantry Of Cape Cod Corp The
Is Family Pantry Of Cape Cod Corp The a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Pantry Of Cape Cod Corp The (EIN: 223079904) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Family Pantry Of Cape Cod Corp The spend its money?
Family Pantry Of Cape Cod Corp The directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family Pantry Of Cape Cod Corp The tax-deductible?
Family Pantry Of Cape Cod Corp The is registered as a tax-exempt nonprofit (EIN: 223079904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Pantry Of Cape Cod Corp The's spending goes to programs?
Family Pantry Of Cape Cod Corp The directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Pantry Of Cape Cod Corp The compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Family Pantry Of Cape Cod Corp The is above average for NTEE category K31Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Pantry Of Cape Cod Corp The located?
Family Pantry Of Cape Cod Corp The is headquartered in Harwich, Massachusetts and files with the IRS under EIN 223079904. It is classified under NTEE code K31Z.
How many years of IRS 990 filings does Family Pantry Of Cape Cod Corp The have?
Family Pantry Of Cape Cod Corp The 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 $11.1M in total revenue.
What does Family Pantry Of Cape Cod Corp The do?
Family Pantry Of Cape Cod Corp The is a nonprofit organization in the Food, Agriculture & Nutrition sector, located in Harwich, Massachusetts. It is classified under NTEE code K31Z.
How much revenue does Family Pantry Of Cape Cod Corp The have?
Family Pantry Of Cape Cod Corp The reported total revenue of $11,066,145. Based on 13 IRS 990 filings on record.
What are Family Pantry Of Cape Cod Corp The's total assets?
Family Pantry Of Cape Cod Corp The holds total assets of $14,917,917 as reported in IRS 990 filings.
Where is Family Pantry Of Cape Cod Corp The located?
Family Pantry Of Cape Cod Corp The is based in Harwich, Massachusetts.
What is Family Pantry Of Cape Cod Corp The's EIN?
Family Pantry Of Cape Cod Corp The's Employer Identification Number (EIN) is 223079904. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Family Pantry Of Cape Cod Corp The?
Family Pantry Of Cape Cod Corp The is classified under NTEE code K31Z (Food, Agriculture & Nutrition).
Is Family Pantry Of Cape Cod Corp The a registered 501(c)(3)?
Yes, Family Pantry Of Cape Cod Corp The is recognized as a tax-exempt organization by the IRS. EIN: 223079904.
Does Family Pantry Of Cape Cod Corp The file IRS Form 990?
Yes, Family Pantry Of Cape Cod Corp The has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Family Pantry Of Cape Cod Corp The's revenue in 2023?
In the 202312 filing period, Family Pantry Of Cape Cod Corp The reported total revenue of $6,116,042, total expenses of $3,991,700, and net assets of $12,523,816.
Is Family Pantry Of Cape Cod Corp The's revenue growing or declining?
Family Pantry Of Cape Cod Corp The's revenue is relatively stable. Revenue went from $6,257,272 (202212) to $6,116,042 (202312), a -2.3% change. Based on 13 filings on record.
What is Family Pantry Of Cape Cod Corp The's most recent 990 filing?
The most recent IRS Form 990 filing for Family Pantry Of Cape Cod Corp The covers tax period 202312. It shows revenue of $6,116,042, expenses of $3,991,700, total assets of $12,523,816, and liabilities of $64,539.
How much does Family Pantry Of Cape Cod Corp The spend on programs vs administration?
Based on IRS 990 analysis, Family Pantry Of Cape Cod Corp The allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Family Pantry Of Cape Cod Corp The a trustworthy charity?
Based on AI analysis of IRS 990 data, Family Pantry Of Cape Cod Corp The appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Family Pantry Of Cape Cod Corp The's strengths?
Positive indicators for Family Pantry Of Cape Cod Corp The include: Consistent revenue growth from $3.2M in 2017 to $6.1M in 2023 (excluding non-cash contributions).. Healthy asset accumulation, growing from $2.7M in 2017 to $12.5M in 2023, indicating strong financial management.. Low liability-to-asset ratio, demonstrating financial stability and minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Family Pantry Of Cape Cod Corp The compensate executives?
Executive compensation appears reasonable given the organization's size and growth, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the Family Pantry of Cape Cod managed to achieve such significant asset growth while maintaining a relatively low liability profile?
The organization has consistently generated surpluses, with revenues exceeding expenses, allowing for reinvestment and asset accumulation. For example, in 2023, revenues were $6,116,042 against expenses of $3,991,700, contributing to an increase in assets from $10,032,454 in 2022 to $12,523,816 in 2023. This indicates effective financial stewardship and strategic planning.
What is the primary driver behind the substantial increase in total revenue reported in 2023 ($11,066,145) compared to previous years' operating revenues?
The significant jump in total revenue to $11,066,145 in 2023, compared to operating revenues around $6 million in prior years, suggests a substantial non-cash contribution or a major capital campaign. The provided data shows 'r6116042' as a separate revenue figure for 2023, which likely represents cash contributions, while the higher 'r' value of $11,066,145 includes non-cash donations, such as donated food or services, which are common for food pantries.
Filing History
IRS 990 filing history for Family Pantry Of Cape Cod Corp The showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Pantry Of Cape Cod Corp The's revenue has grown by 420.9%, moving from $1.2M to $6.1M. Total assets increased by 955% over the same period, from $1.2M to $12.5M. Total functional expenses rose by 266.6%, from $1.1M to $4.0M. In its most recent filing year (2023), Family Pantry Of Cape Cod Corp The reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $65K in liabilities against $12.5M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $12.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $4.0M | $12.5M | $65K | — | View 990 |
| 2022 | $6.3M | $4.2M | $10.0M | $45K | — | View 990 |
| 2021 | $5.3M | $3.1M | $8.2M | $38K | — | View 990 |
| 2020 | $5.6M | $3.3M | $6.0M | $41K | — | View 990 |
| 2019 | $4.1M | $3.5M | $3.7M | $33K | — | View 990 |
| 2018 | $3.3M | $2.9M | $3.0M | $39K | — | View 990 |
| 2017 | $3.2M | $2.6M | $2.8M | $166K | — | View 990 |
| 2016 | $3.5M | $3.2M | $2.2M | $257K | — | View 990 |
| 2015 | $3.1M | $3.0M | $1.9M | $260K | — | View 990 |
| 2014 | $2.8M | $2.7M | $1.9M | $265K | — | View 990 |
| 2013 | $2.1M | $2.0M | $1.5M | $17K | — | View 990 |
| 2012 | $1.8M | $1.6M | $1.4M | $10K | — | View 990 |
| 2011 | $1.2M | $1.1M | $1.2M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $4.0M, and assets of $12.5M (revenue -2.3% year-over-year).
- 2022: Revenue of $6.3M, expenses of $4.2M, and assets of $10.0M (revenue +19.0% year-over-year).
- 2021: Revenue of $5.3M, expenses of $3.1M, and assets of $8.2M (revenue -6.4% year-over-year).
- 2020: Revenue of $5.6M, expenses of $3.3M, and assets of $6.0M (revenue +36.4% year-over-year).
- 2019: Revenue of $4.1M, expenses of $3.5M, and assets of $3.7M (revenue +25.3% year-over-year).
- 2018: Revenue of $3.3M, expenses of $2.9M, and assets of $3.0M (revenue +1.5% year-over-year).
- 2017: Revenue of $3.2M, expenses of $2.6M, and assets of $2.8M (revenue -7.1% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.2M, and assets of $2.2M (revenue +13.4% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.0M, and assets of $1.9M (revenue +8.3% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.7M, and assets of $1.9M (revenue +32.8% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.0M, and assets of $1.5M (revenue +20.5% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.6M, and assets of $1.4M (revenue +51.2% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Pantry Of Cape Cod Corp The:
Data Sources and Methodology
This transparency report for Family Pantry Of Cape Cod Corp The 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.