Sweden Food Pantry
EIN: 824466442 · Sweden, ME · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $92K |
| Total Expenses | $74K |
| Net Assets | $37K |
Is Sweden Food Pantry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sweden Food Pantry
Sweden Food Pantry (EIN: 824466442) is a nonprofit organization based in Sweden, ME, classified under NTEE code K31. The organization reported total revenue of $92K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sweden Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sweden Food Pantry is a micro nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $74K |
| Surplus / Deficit | $-30,224 |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | -69.2% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Sweden Food Pantry reported a deficit of $30K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Sweden Food Pantry's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.2% | -7.5% | -45.2% |
| 2022 | +11.4% | +116.6% | -26.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sweden 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 Sweden 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
Frequently Asked Questions about Sweden Food Pantry
Is Sweden Food Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, Sweden Food Pantry (EIN: 824466442) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sweden Food Pantry spend its money?
Detailed spending breakdown data is not yet available for Sweden Food Pantry. Check back for updated IRS 990 analysis.
Are donations to Sweden Food Pantry tax-deductible?
Sweden Food Pantry is registered as a tax-exempt nonprofit (EIN: 824466442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sweden Food Pantry located?
Sweden Food Pantry is headquartered in Sweden, Maine and files with the IRS under EIN 824466442. It is classified under NTEE code K31.
How many years of IRS 990 filings does Sweden Food Pantry have?
Sweden Food Pantry has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $92K in total revenue.
Filing History
IRS 990 filing history for Sweden Food Pantry showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Sweden Food Pantry's revenue has declined by 13.3%, moving from $50K to $44K. Total assets decreased by 59.6% over the same period, from $91K to $37K. Total functional expenses rose by 100.3%, from $37K to $74K. In its most recent filing year (2023), Sweden Food Pantry reported a deficit of $30K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44K | $74K | $37K | $0 | — | View 990 |
| 2022 | $56K | $80K | $67K | $0 | — | — |
| 2021 | $50K | $37K | $91K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $44K, expenses of $74K, and assets of $37K (revenue -22.2% year-over-year).
- 2022: Revenue of $56K, expenses of $80K, and assets of $67K (revenue +11.4% year-over-year).
- 2021: Revenue of $50K, expenses of $37K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sweden Food Pantry:
Data Sources and Methodology
This transparency report for Sweden 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.