New York Common Pantry
New York Common Pantry shows strong program spending and significant growth with no reported officer compensation.
EIN: 133127972 · New York, NY · NTEE: K350 · Updated: 2026-03-28
Is New York Common Pantry Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Common Pantry directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Common Pantry
New York Common Pantry (EIN: 133127972) is a nonprofit organization based in New York, NY, classified under NTEE code K350. The organization reported total revenue of $23.8M and total assets of $26.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Common Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New York Common Pantry 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, New York Common Pantry allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($20.88 million in revenue in 2023) and suggests either a fully volunteer leadership or compensation structured in a way not reported as 'officer compensation' on the 990, indicating a strong commitment to directing funds to programs.
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 New York Common Pantry's IRS 990 filings:
- Significant increase in liabilities in 2023 (from $1.87M to $9.86M) warrants further investigation.
Strengths
The following positive indicators were identified for New York Common Pantry:
- Strong program spending ratio (estimated 88% of expenses).
- Consistent reporting of 0% officer compensation.
- Significant and sustained growth in revenue and assets over the past decade.
- Assets consistently exceed liabilities, indicating financial stability (with the exception of the 2023 liability increase needing clarification).
Frequently Asked Questions about New York Common Pantry
Is New York Common Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Common Pantry (EIN: 133127972) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does New York Common Pantry spend its money?
New York Common Pantry directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York Common Pantry tax-deductible?
New York Common Pantry is registered as a tax-exempt nonprofit (EIN: 133127972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is New York Common Pantry a good charity?
Based on its financial filings, New York Common Pantry appears to be a very good charity. It consistently dedicates a high percentage of its expenses to program services (estimated 88%), has shown significant and sustained growth in revenue and assets, and reports 0% officer compensation, indicating a strong focus on its mission.
How has New York Common Pantry's financial health changed over time?
New York Common Pantry has experienced substantial financial growth and strengthening over the past decade. Revenue increased from $4.68 million in 2014 to $20.88 million in 2023, and assets grew from $5.84 million to $25.49 million in the same period, demonstrating increased capacity and donor support.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's top leadership may be entirely volunteer, or their compensation is structured in a way that is not reported in this specific section of the 990, which is a strong indicator of financial efficiency and a commitment to directing funds to the mission rather than high executive salaries.
Why did liabilities increase significantly in 2023?
In 2023, liabilities increased to $9.86 million from $1.87 million in 2022. While the 990 summary doesn't detail the nature of these liabilities, such a substantial increase warrants further investigation into the full 990 form to understand if it's related to program expansion, capital projects, or other financial obligations.
Filing History
IRS 990 filing history for New York Common Pantry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Common Pantry's revenue has grown by 450.5%, moving from $3.8M to $20.9M. Total assets increased by 364.3% over the same period, from $5.5M to $25.5M. Total functional expenses rose by 486.6%, from $3.6M to $21.0M. In its most recent filing year (2023), New York Common Pantry reported a deficit of $89K, with expenses exceeding revenue. The organization holds $9.9M in liabilities against $25.5M in assets (debt-to-asset ratio: 38.7%), resulting in net assets of $15.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $20.9M | $21.0M | $25.5M | $9.9M | — | View 990 |
| 2022 | $19.1M | $17.6M | $17.4M | $1.9M | — | View 990 |
| 2021 | $20.3M | $15.5M | $16.1M | $1.9M | — | View 990 |
| 2020 | $17.7M | $13.9M | $11.0M | $1.5M | — | View 990 |
| 2019 | $12.6M | $13.2M | $6.0M | $325K | — | View 990 |
| 2018 | $12.6M | $12.8M | $6.6M | $379K | — | View 990 |
| 2017 | $12.0M | $12.2M | $6.8M | $383K | — | View 990 |
| 2016 | $8.7M | $7.8M | $6.9M | $246K | — | View 990 |
| 2015 | $5.1M | $4.9M | $5.9M | $220K | — | View 990 |
| 2014 | $4.7M | $4.4M | $5.8M | $186K | — | View 990 |
| 2013 | $4.5M | $4.3M | $5.5M | $157K | — | View 990 |
| 2012 | $3.4M | $3.7M | $5.3M | $118K | — | View 990 |
| 2011 | $3.8M | $3.6M | $5.5M | $122K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.9M, expenses of $21.0M, and assets of $25.5M (revenue +9.3% year-over-year).
- 2022: Revenue of $19.1M, expenses of $17.6M, and assets of $17.4M (revenue -5.8% year-over-year).
- 2021: Revenue of $20.3M, expenses of $15.5M, and assets of $16.1M (revenue +14.4% year-over-year).
- 2020: Revenue of $17.7M, expenses of $13.9M, and assets of $11.0M (revenue +40.5% year-over-year).
- 2019: Revenue of $12.6M, expenses of $13.2M, and assets of $6.0M (revenue +0.1% year-over-year).
- 2018: Revenue of $12.6M, expenses of $12.8M, and assets of $6.6M (revenue +5.4% year-over-year).
- 2017: Revenue of $12.0M, expenses of $12.2M, and assets of $6.8M (revenue +37.3% year-over-year).
- 2016: Revenue of $8.7M, expenses of $7.8M, and assets of $6.9M (revenue +70.0% year-over-year).
- 2015: Revenue of $5.1M, expenses of $4.9M, and assets of $5.9M (revenue +9.5% year-over-year).
- 2014: Revenue of $4.7M, expenses of $4.4M, and assets of $5.8M (revenue +5.1% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.3M, and assets of $5.5M (revenue +29.1% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.7M, and assets of $5.3M (revenue -9.1% year-over-year).
- 2011: Revenue of $3.8M, expenses of $3.6M, and assets of $5.5M.
Data Sources and Methodology
This transparency report for New York Common 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.