Storehouse Food Pantry
EIN: 475531695 · Morehead City, NC · NTEE: K31
About Storehouse Food Pantry
Storehouse Food Pantry (EIN: 475531695) is a nonprofit organization based in Morehead City, NC, classified under NTEE code K31. The organization reported total revenue of $275K and total assets of $88K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Storehouse Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Storehouse Food Pantry has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Storehouse Food Pantry with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Storehouse Food Pantry showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Storehouse Food Pantry's revenue has grown by 58.4%, moving from $177K to $281K. Total assets decreased by 1.4% over the same period, from $61K to $60K. Total functional expenses rose by 64.3%, from $171K to $282K. In its most recent filing year (2023), Storehouse Food Pantry reported a deficit of $855, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $281K | $282K | $60K | $0 | — | — |
| 2022 | $177K | $171K | $61K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Storehouse 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.