KFood, Agriculture & NutritionEIN: 237122205· 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

💰
$94.2M
Total Revenue
📊
$95.8M
Total Expenses
🏦
$31.0M
Net Assets
📋
$41.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.9%
Year-over-year change (2023 → 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$94,237,47927%$95,805,48336%$72,580,3404%
2023$74,253,9016%$70,533,47421%$75,560,06018%
2022$78,676,9197%$89,645,56913%$64,026,43347%
2021$84,720,91714%$79,235,08411%$43,700,17315%
2020$97,960,08045%$71,309,2987%$37,972,513284%
2019$67,509,69415%$66,463,54814%$9,896,8189%
2018$58,482,8908%$58,136,3033%$9,075,3458%
2017$54,394,80011%$56,360,1524%$8,381,91718%
2016$61,171,71821%$58,997,50315%$10,278,48027%
2015$50,629,66822%$51,275,13118%$8,100,0718%
2014$64,561,0973%$62,749,0884%$8,821,46535%
2013$62,740,11413%$60,559,2848%$6,520,75734%
2012$55,601,51012%$56,096,18516%$9,869,2261%
2011$49,544,546$48,528,909$9,943,183

Frequently Asked Questions

What does Freestore Foodbank Inc do?

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?

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?

Freestore Foodbank Inc reports $94.2M in annual revenue and holds $72.6M in total assets, based on IRS filings.

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