Rhode Island Community Food Bank Association

Providence, Rhode Island

B+Health Score
66B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$27.6M
Total Revenue
📊
$31.0M
Total Expenses
🏦
$22.2M
Net Assets
📋
$983K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.0%
Year-over-year change (2022 → 2023)
Net Margin
-12.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.72
Net assets divided by total expenses
Liabilities-to-Assets
4.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$27,554,2094%$31,040,17215%$23,206,1717%
2022$26,504,09721%$27,073,0461%$24,835,90210%
2021$33,664,06218%$26,692,79715%$27,610,79038%
2020$28,564,24937%$23,226,76616%$19,949,10636%
2019$20,857,31310%$20,021,7287%$14,683,9647%
2018$19,033,37717%$18,685,36415%$13,785,1784%
2017$16,317,2434%$16,275,0743%$13,259,4501%
2016$15,616,0039%$15,756,4916%$13,076,2082%
2015$17,182,3495%$16,847,9157%$13,330,5062%
2014$18,068,8247%$18,072,6077%$13,071,1632%
2013$16,905,0754%$16,962,4436%$12,848,7811%
2012$16,266,179$15,997,118$12,763,820

Frequently Asked Questions

What does Rhode Island Community Food Bank Association do?

Rhode Island Community Food Bank Association is a food, agriculture & nutrition nonprofit organization based in Rhode Island. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rhode Island Community Food Bank Association financially healthy?

Based on our 9-metric Financial Health Score model, Rhode Island Community Food Bank Association has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Rhode Island Community Food Bank Association generate?

Rhode Island Community Food Bank Association reports $33.6M in annual revenue and holds $23.3M in total assets, based on IRS filings.

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