K โ€” Food, Agriculture & NutritionEIN: 311639994ยท Ruling Year: 1999

Friendly Hands Food Bank Inc

Torrington, Connecticut

B-Health Score
50B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$231K
Total Revenue
๐Ÿ“Š
$195K
Total Expenses
๐Ÿฆ
$230K
Net Assets
๐Ÿ“‹
$140K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.8%
Year-over-year change (2021 โ†’ 2022)
Net Margin
+15.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.18
Net assets divided by total expenses
Liabilities-to-Assets
37.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$230,959โ†“7%$195,146โ†“7%$370,201โ†‘8%
2021$247,714โ†“28%$208,755โ†‘32%$342,963โ†‘13%
2020$344,450โ†‘195%$157,909โ†“7%$304,004โ†‘159%
2019$116,713โ†“14%$169,804โ†‘8%$117,463โ†“31%
2018$135,873โ†“17%$157,097โ†‘2%$170,554โ†“11%
2017$164,302โ†“6%$154,275โ†“14%$191,778โ†‘6%
2016$175,249โ†‘9%$179,807โ†“11%$181,751โ†“2%
2015$160,975โ†“3%$202,630โ†“5%$186,309โ†“18%
2014$166,440โ†‘2%$212,405โ†‘9%$227,964โ†“17%
2013$163,174โ†‘33%$194,330โ†‘10%$273,929โ†“10%
2012$122,940โ†“28%$176,039โ†‘22%$305,085โ†“15%
2011$171,499$144,461$358,184

Frequently Asked Questions

What does Friendly Hands Food Bank Inc do?โ–ผ

Friendly Hands Food Bank Inc is a food, agriculture & nutrition nonprofit organization based in Connecticut. It is classified under NTEE code K30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friendly Hands Food Bank Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Friendly Hands Food Bank Inc.

How much revenue does Friendly Hands Food Bank Inc generate?โ–ผ

Friendly Hands Food Bank Inc reports $1.5M in annual revenue and holds $1.8M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Food, Agriculture & Nutrition category, or browse all nonprofits in Connecticut.

Friendly Hands Food Bank Inc โ€” Torrington, CT | GiveScope