KFood, Agriculture & NutritionEIN: 237297837· Ruling Year: 1972

Thurston County Food Bank

Olympia, Washington

A-Health Score
81A-

Financial Health Score

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

Very Good

💰
$16.5M
Total Revenue
📊
$15.6M
Total Expenses
🏦
$15.9M
Net Assets
📋
$383K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+42.3%
Year-over-year change (2022 → 2023)
Net Margin
+5.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.02
Net assets divided by total expenses
Liabilities-to-Assets
2.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$16,521,21942%$15,619,39934%$16,271,3827%
2022$11,606,45121%$11,614,5733%$15,266,8271%
2021$14,632,99727%$11,978,61422%$15,377,70420%
2020$20,157,910101%$15,265,88970%$12,807,01565%
2019$10,048,54811%$8,997,4351%$7,759,31716%
2018$9,045,78818%$8,891,11422%$6,702,81411%
2017$7,645,5982%$7,314,8487%$7,513,05312%
2016$7,477,01020%$6,863,29212%$6,685,3435%
2015$6,250,96413%$6,138,060$6,390,2302%
2014$7,168,32532%$6,128,63116%$6,286,3408%
2013$5,447,31412%$5,264,01213%$5,827,185
2012$4,855,9247%$4,653,6682%$5,843,90044%
2011$4,552,980$4,541,046$4,071,541

Frequently Asked Questions

What does Thurston County Food Bank do?

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

Is Thurston County Food Bank financially healthy?

Based on our 9-metric Financial Health Score model, Thurston County Food Bank has a score of 81/100 (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 Thurston County Food Bank generate?

Thurston County Food Bank reports $16.7M in annual revenue and holds $16.3M in total assets, based on IRS filings.

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