River Food Pantry
River Food Pantry shows consistent revenue growth and strong asset accumulation with 0% officer compensation.
EIN: 204179749 · Madison, WI · NTEE: K31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.3M |
| Total Expenses | $12.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $16 |
| Net Assets | $9.0M |
| Transparency Score | 95/100 |
Is River Food Pantry Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
River Food Pantry directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About River Food Pantry
River Food Pantry (EIN: 204179749) is a nonprofit organization based in Madison, WI, classified under NTEE code K31. The organization reported total revenue of $14.3M and total assets of $13.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of River Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
River Food Pantry is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.6M |
| Total Expenses | $12.8M |
| Surplus / Deficit | +$3.7M |
| Total Assets | $9.3M |
| Total Liabilities | $260K |
| Net Assets | $9.0M |
| Operating Margin | 22.6% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 8.7 months |
Financial Health Grade: A
In 2023, River Food Pantry reported a surplus of $3.7M with revenue exceeding expenses, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), River Food Pantry's revenue has grown at a compound annual growth rate (CAGR) of 18.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.4% | +22.9% | +55.1% |
| 2022 | +13.8% | +0.8% | +82.9% |
| 2021 | -11.4% | -7.7% | +25.9% |
| 2020 | +88.6% | +82.1% | +126.6% |
| 2019 | +3.4% | -3.5% | +69.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 River 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, River Food Pantry allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $3.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
The River Food Pantry consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size, with over $16 million in annual revenue, and suggests a strong commitment to directing all financial resources towards its mission.
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 River Food Pantry:
- Consistent and significant revenue growth, from $3.9M in 2014 to $16.5M in 2023.
- Strong asset accumulation, increasing from $556K in 2014 to $9.2M in 2023.
- 0% officer compensation reported across all filings, indicating high resource allocation to mission.
- Low liabilities relative to assets, demonstrating strong financial health and solvency.
- Consistent operational efficiency with expenses generally well-managed relative to revenue.
Frequently Asked Questions about River Food Pantry
Is River Food Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, River Food Pantry (EIN: 204179749) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does River Food Pantry spend its money?
River Food Pantry directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to River Food Pantry tax-deductible?
River Food Pantry is registered as a tax-exempt nonprofit (EIN: 204179749). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the River Food Pantry CEO make?
River Food Pantry's highest-compensated officer earns $16 annually. The organization reported $14.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of River Food Pantry's spending goes to programs?
River Food Pantry directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does River Food Pantry compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), River Food Pantry 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 River Food Pantry located?
River Food Pantry is headquartered in Madison, Wisconsin and files with the IRS under EIN 204179749. It is classified under NTEE code K31.
How many years of IRS 990 filings does River Food Pantry have?
River 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 $14.3M in total revenue.
Is The River Food Pantry a good charity?
Based on the provided financial data, The River Food Pantry appears to be a very good charity. It demonstrates strong financial growth, prudent asset management, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, ensuring funds are maximized for program services.
How has The River Food Pantry's revenue changed over time?
The River Food Pantry has experienced significant revenue growth, increasing from $3,911,920 in 2014 to $16,580,847 in 2023, indicating strong and consistent donor support and operational expansion.
What is the organization's financial stability?
The organization shows strong financial stability, with assets growing from $556,313 in 2014 to $9,261,037 in 2023, while liabilities remain relatively low, suggesting a healthy balance sheet and robust financial management.
Filing History
IRS 990 filing history for River Food Pantry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), River Food Pantry's revenue has grown by 693.9%, moving from $2.1M to $16.6M. Total assets increased by 2247.8% over the same period, from $394K to $9.3M. Total functional expenses rose by 547.3%, from $2.0M to $12.8M. In its most recent filing year (2023), River Food Pantry reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $260K in liabilities against $9.3M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.6M | $12.8M | $9.3M | $260K | — | View 990 |
| 2022 | $12.6M | $10.4M | $6.0M | $714K | — | View 990 |
| 2021 | $11.1M | $10.4M | $3.3M | $177K | — | View 990 |
| 2020 | $12.5M | $11.2M | $2.6M | $234K | — | View 990 |
| 2019 | $6.6M | $6.2M | $1.1M | $62K | — | View 990 |
| 2018 | $6.4M | $6.4M | $675K | $64K | — | View 990 |
| 2017 | $5.7M | $5.6M | $595K | $14K | — | View 990 |
| 2016 | $5.0M | $4.9M | $558K | $16K | — | View 990 |
| 2015 | $4.4M | $4.5M | $536K | $20K | — | View 990 |
| 2014 | $3.9M | $3.9M | $556K | $12K | — | View 990 |
| 2013 | $2.9M | $2.8M | $531K | $11K | — | View 990 |
| 2012 | $2.6M | $2.5M | $479K | $12K | — | View 990 |
| 2011 | $2.1M | $2.0M | $394K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.6M, expenses of $12.8M, and assets of $9.3M (revenue +31.4% year-over-year).
- 2022: Revenue of $12.6M, expenses of $10.4M, and assets of $6.0M (revenue +13.8% year-over-year).
- 2021: Revenue of $11.1M, expenses of $10.4M, and assets of $3.3M (revenue -11.4% year-over-year).
- 2020: Revenue of $12.5M, expenses of $11.2M, and assets of $2.6M (revenue +88.6% year-over-year).
- 2019: Revenue of $6.6M, expenses of $6.2M, and assets of $1.1M (revenue +3.4% year-over-year).
- 2018: Revenue of $6.4M, expenses of $6.4M, and assets of $675K (revenue +13.3% year-over-year).
- 2017: Revenue of $5.7M, expenses of $5.6M, and assets of $595K (revenue +14.2% year-over-year).
- 2016: Revenue of $5.0M, expenses of $4.9M, and assets of $558K (revenue +12.1% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.5M, and assets of $536K (revenue +13.1% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.9M, and assets of $556K (revenue +36.1% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.8M, and assets of $531K (revenue +11.1% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.5M, and assets of $479K (revenue +23.9% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.0M, and assets of $394K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for River Food Pantry:
Data Sources and Methodology
This transparency report for River 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.