K โ€” Food, Agriculture & NutritionEIN: 237122205ยท Ruling Year: 1971

Freestore-foodbank Inc

Cincinnati, Ohio

BHealth Score
61B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$94.2M
Total Revenue
๐Ÿ“Š
$95.8M
Total Expenses
๐Ÿฆ
$31.0M
Net Assets
๐Ÿ“‹
$41.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.9%
Year-over-year change (2023 โ†’ 2024)
Net Margin
-1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
57.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$94,237,479โ†‘27%$95,805,483โ†‘36%$72,580,340โ†“4%
2023$74,253,901โ†“6%$70,533,474โ†“21%$75,560,060โ†‘18%
2022$78,676,919โ†“7%$89,645,569โ†‘13%$64,026,433โ†‘47%
2021$84,720,917โ†“14%$79,235,084โ†‘11%$43,700,173โ†‘15%
2020$97,960,080โ†‘45%$71,309,298โ†‘7%$37,972,513โ†‘284%
2019$67,509,694โ†‘15%$66,463,548โ†‘14%$9,896,818โ†‘9%
2018$58,482,890โ†‘8%$58,136,303โ†‘3%$9,075,345โ†‘8%
2017$54,394,800โ†“11%$56,360,152โ†“4%$8,381,917โ†“18%
2016$61,171,718โ†‘21%$58,997,503โ†‘15%$10,278,480โ†‘27%
2015$50,629,668โ†“22%$51,275,131โ†“18%$8,100,071โ†“8%
2014$64,561,097โ†‘3%$62,749,088โ†‘4%$8,821,465โ†‘35%
2013$62,740,114โ†‘13%$60,559,284โ†‘8%$6,520,757โ†“34%
2012$55,601,510โ†‘12%$56,096,185โ†‘16%$9,869,226โ†“1%
2011$49,544,546$48,528,909$9,943,183

Frequently Asked Questions

What does Freestore-foodbank Inc do?โ–ผ

Freestore-foodbank Inc is a food, agriculture & nutrition nonprofit organization based in Ohio. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Freestore-foodbank Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Freestore-foodbank Inc has a score of 61/100 (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 Freestore-foodbank Inc generate?โ–ผ

Freestore-foodbank Inc reports $87.6M in annual revenue and holds $72.3M in total assets, based on IRS filings.

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Freestore-foodbank Inc โ€” Cincinnati, OH | GiveScope