Wakefield Food Pantry
Wakefield Food Pantry maintains strong asset reserves and zero officer compensation, demonstrating efficient, volunteer-driven operations.
EIN: 20493958 · Sanbornville, NH · NTEE: E31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $96K |
| Total Expenses | $89K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $486K |
| Transparency Score | 95/100 |
Is Wakefield Food Pantry Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wakefield Food Pantry directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wakefield Food Pantry
Wakefield Food Pantry (EIN: 20493958) is a nonprofit organization based in Sanbornville, NH, classified under NTEE code E31. The organization reported total revenue of $96K and total assets of $512K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wakefield Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wakefield Food Pantry is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $89K |
| Surplus / Deficit | $-11,998 |
| Total Assets | $486K |
| Net Assets | $486K |
| Operating Margin | -15.5% |
| Months of Reserves | 65.1 months |
Financial Health Grade: B
In 2023, Wakefield Food Pantry reported a deficit of $12K with expenses exceeding revenue, holds 65.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wakefield Food Pantry's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | -17.3% | -2.6% |
| 2022 | -28.2% | +111.9% | -7.5% |
| 2021 | -35.2% | -37.0% | +9.7% |
| 2020 | +97.0% | +21.1% | +17.0% |
| 2019 | +2.9% | +2.9% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Wakefield 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, Wakefield 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 deficit of $12K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization is entirely volunteer-run at the leadership level, which is highly efficient for an organization of its size with annual expenses typically under $100,000.
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 Wakefield Food Pantry's IRS 990 filings:
- None identified based on the provided financial data.
Strengths
The following positive indicators were identified for Wakefield Food Pantry:
- Zero officer compensation, indicating a volunteer-led model and high efficiency.
- Consistent growth in assets, reaching $485,508 in 2023, demonstrating financial stability.
- Zero liabilities reported across all filings, indicating strong financial management and low risk.
- Strong program focus, implied by the NTEE code and lack of executive compensation.
- Consistent filing history (13 filings), showing good transparency and compliance.
Frequently Asked Questions about Wakefield Food Pantry
Is Wakefield Food Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, Wakefield Food Pantry (EIN: 20493958) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Wakefield Food Pantry spend its money?
Wakefield Food Pantry directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wakefield Food Pantry tax-deductible?
Wakefield Food Pantry is registered as a tax-exempt nonprofit (EIN: 20493958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wakefield Food Pantry CEO make?
Wakefield Food Pantry's highest-compensated officer earns $100,000. annually. The organization reported $96K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wakefield Food Pantry's spending goes to programs?
Wakefield Food Pantry directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wakefield Food Pantry compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Wakefield Food Pantry is above average for NTEE category E31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wakefield Food Pantry located?
Wakefield Food Pantry is headquartered in Sanbornville, New Hampshire and files with the IRS under EIN 20493958. It is classified under NTEE code E31.
How many years of IRS 990 filings does Wakefield Food Pantry have?
Wakefield 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 $96K in total revenue.
Is Wakefield Food Pantry a good charity?
Yes, Wakefield Food Pantry appears to be a very good charity. It consistently reports 0% officer compensation, indicating a volunteer-driven model, and maintains a strong asset base relative to its expenses, suggesting financial stability and efficient use of donations.
How does Wakefield Food Pantry manage its finances?
The organization manages its finances prudently, consistently reporting zero liabilities and building a substantial asset base ($485,508 in 2023) that provides a strong buffer against revenue fluctuations. Expenses are kept relatively low, often below $100,000 annually, demonstrating efficient resource allocation.
What is the trend in Wakefield Food Pantry's revenue?
Wakefield Food Pantry's revenue has fluctuated over the years, with a high of $152,488 in 2020 and a low of $70,922 in 2022. The latest reported revenue for 2023 was $77,460, indicating some variability but generally maintaining a level sufficient to support its operations and asset growth.
Filing History
IRS 990 filing history for Wakefield Food Pantry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wakefield Food Pantry's revenue has grown by 16%, moving from $67K to $77K. Total assets increased by 430.6% over the same period, from $92K to $486K. Total functional expenses rose by 51%, from $59K to $89K. In its most recent filing year (2023), Wakefield Food Pantry reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $89K | $486K | $0 | — | View 990 |
| 2022 | $71K | $108K | $499K | $0 | — | View 990 |
| 2021 | $99K | $51K | $539K | $0 | — | View 990 |
| 2020 | $152K | $81K | $491K | $0 | — | — |
| 2019 | $77K | $67K | $420K | $0 | — | View 990 |
| 2018 | $75K | $65K | $409K | $0 | — | View 990 |
| 2017 | $72K | $75K | $400K | $0 | — | View 990 |
| 2016 | $89K | $68K | $403K | $0 | — | View 990 |
| 2015 | $79K | $69K | $382K | $0 | — | View 990 |
| 2014 | $134K | $65K | $372K | $0 | — | View 990 |
| 2013 | $106K | $61K | $303K | $0 | — | View 990 |
| 2012 | $248K | $72K | $302K | $45K | — | View 990 |
| 2011 | $67K | $59K | $92K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $89K, and assets of $486K (revenue +9.2% year-over-year).
- 2022: Revenue of $71K, expenses of $108K, and assets of $499K (revenue -28.2% year-over-year).
- 2021: Revenue of $99K, expenses of $51K, and assets of $539K (revenue -35.2% year-over-year).
- 2020: Revenue of $152K, expenses of $81K, and assets of $491K (revenue +97.0% year-over-year).
- 2019: Revenue of $77K, expenses of $67K, and assets of $420K (revenue +2.9% year-over-year).
- 2018: Revenue of $75K, expenses of $65K, and assets of $409K (revenue +4.4% year-over-year).
- 2017: Revenue of $72K, expenses of $75K, and assets of $400K (revenue -19.0% year-over-year).
- 2016: Revenue of $89K, expenses of $68K, and assets of $403K (revenue +12.4% year-over-year).
- 2015: Revenue of $79K, expenses of $69K, and assets of $382K (revenue -41.0% year-over-year).
- 2014: Revenue of $134K, expenses of $65K, and assets of $372K (revenue +26.1% year-over-year).
- 2013: Revenue of $106K, expenses of $61K, and assets of $303K (revenue -57.1% year-over-year).
- 2012: Revenue of $248K, expenses of $72K, and assets of $302K (revenue +272.0% year-over-year).
- 2011: Revenue of $67K, expenses of $59K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wakefield Food Pantry:
Data Sources and Methodology
This transparency report for Wakefield 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.