K โ€” Food, Agriculture & NutritionEIN: 341369388ยท Ruling Year: 1982

Akron-canton Regional Foodbank

Akron, Ohio

A-Health Score
75A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$62.0M
Total Revenue
๐Ÿ“Š
$59.6M
Total Expenses
๐Ÿฆ
$41.8M
Net Assets
๐Ÿ“‹
$10.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
20.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$62,044,704โ†‘21%$59,623,188โ†‘22%$52,282,523โ†‘33%
2022$51,182,060โ†“2%$49,022,932โ†‘3%$39,331,003โ†‘3%
2021$52,426,998โ†“20%$47,782,138โ†“14%$38,369,339โ†‘13%
2020$65,326,219โ†‘18%$55,399,151โ†‘15%$34,089,787โ†‘71%
2019$55,590,706โ†‘19%$48,377,931โ†‘3%$19,920,475โ†‘67%
2018$46,566,155โ†‘1%$47,147,102โ†‘2%$11,931,892โ†“7%
2017$45,928,418โ†‘21%$46,140,170โ†‘22%$12,881,817โ†‘1%
2016$38,058,908โ†“1%$37,914,003โ†“1%$12,758,329โ†‘4%
2015$38,484,188โ†‘6%$38,255,719โ†‘3%$12,304,167โ†“1%
2014$36,311,357โ†‘7%$37,085,494โ†‘13%$12,369,688โ†“3%
2013$34,043,941โ†‘17%$32,889,506โ†‘16%$12,792,649โ†‘12%
2012$29,169,561โ†‘9%$28,284,852โ†‘6%$11,403,786โ†‘9%
2011$26,643,330$26,734,662$10,466,366

Frequently Asked Questions

What does Akron-canton Regional Foodbank do?โ–ผ

Akron-canton Regional Foodbank 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 Akron-canton Regional Foodbank financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Akron-canton Regional Foodbank has a score of 75/100 (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 Akron-canton Regional Foodbank generate?โ–ผ

Akron-canton Regional Foodbank reports $65.7M in annual revenue and holds $46.3M in total assets, based on IRS filings.

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Akron-canton Regional Foodbank โ€” Akron, OH | GiveScope