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MISSION

1 Can Inc is organized exclusively for charitable and educational purposes to provide items to those with food insecurities or an unexpected need due to hardship. We also educate the community on food insecurity and various ways to combat it.

 FORM 1023-EZ for 1 CAN

DEMOGRAPHIC

ADDRESS
40 ODELL SCHOOL RD
28027
COUNTY
cabarrus county, NC
IN CARE OF NAME
SHERYL A KLUGE

ORGANIZATIONAL OVERVIEW & RANKINGS

1 CAN is a based in CONCORD, NC, focused on Food, Agriculture and Nutrition causes , specifically Food Service, Free Food Distribution Programs. Established in January 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $38,405.00, this ranks 601,075 among 2,656,690 nonprofits nationally (Top 23%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 15,387 out of 80,207 organizations in NC (Top 20%).

In cabarrus county, NC, the organization ranks 188 out of 1,553 nonprofits by assets (Top 12%), while locally in concord, it stands at 138 among 946 organizations (Top 14%).

The organization reported annual revenue of $164,528.00, ranking 316,818 nationally (Top 12%) and 9,224 in NC (Top 12%).

Within its specific NTEE classification (K30 - K: Food, Agriculture and Nutrition), which includes 6,490 similar organizations, 1 CAN ranks 1,088 in assets (Top 17%) and 727 in revenue (Top 12%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
K: Food, Agriculture and Nutrition
NTEE CODE
K30: Food Service, Free Food Distribution Programs
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$176,653.00
FORM 990 REVENUE AMOUNT
$164,528.00
RULING DATE
01/2021
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$38,405.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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