Franklin Township Food Bank
Somerset, New Jersey
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,279,297↑9% | $8,201,555↑13% | $2,529,333↑20% | |
| 2022 | $7,572,179↑31% | $7,248,242↑34% | $2,103,412↑17% | — |
| 2021 | $5,789,008↑24% | $5,416,299↑41% | $1,791,107↑28% | — |
| 2020 | $4,669,180↑52% | $3,830,825↑18% | $1,398,898↑148% | — |
| 2019 | $3,071,441 | $3,241,957↑4% | $564,201↓23% | — |
| 2018 | $3,060,876↑194% | $3,106,456↑200% | $731,850↓6% | — |
| 2017 | $1,042,275↓68% | $1,036,293↓67% | $775,625↑1% | — |
| 2017 | $3,216,134↑18% | $3,133,605↑15% | $769,912↑11% | — |
| 2016 | $2,727,137↑20% | $2,730,879↑19% | $690,548↓2% | — |
| 2015 | $2,275,854↑41% | $2,295,240↑44% | $708,021↓4% | — |
| 2014 | $1,614,573↓21% | $1,595,048↓22% | $734,514 | — |
| 2013 | $2,040,380↑8% | $2,043,872↑9% | $733,747↓6% | — |
| 2012 | $1,891,499↑10% | $1,868,316↑8% | $782,442↓4% | — |
| 2011 | $1,721,528 | $1,726,250 | $814,268 | — |
Frequently Asked Questions
What does Franklin Township Food Bank do?▼
Franklin Township Food Bank is a unclassified nonprofit organization based in New Jersey. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Franklin Township Food Bank financially healthy?▼
Based on our 9-metric Financial Health Score model, Franklin Township Food Bank has a score of 78/100 (Grade: A-). 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 Franklin Township Food Bank generate?▼
Franklin Township Food Bank reports $10.4M in annual revenue and holds $3.2M in total assets, based on IRS filings.
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