Second Harvest Foodbank of Southern Wisconsin

Madison, Wisconsin

B+Health Score
65B+

Financial Health Score

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

Good

💰
$49.0M
Total Revenue
📊
$50.2M
Total Expenses
🏦
$24.5M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.3%
Year-over-year change (2022 → 2023)
Net Margin
-2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.49
Net assets divided by total expenses
Liabilities-to-Assets
7.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$48,960,37011%$50,197,16516%$26,565,0031%
2022$43,990,82930%$43,144,92024%$26,296,276
2021$62,801,72847%$56,632,21352%$26,226,38125%
2020$42,602,00736%$37,157,27823%$20,937,56352%
2019$31,416,6868%$30,140,92710%$13,782,15714%
2018$34,027,6342%$33,475,0441%$12,057,4835%
2017$34,864,04711%$33,052,6197%$11,514,11219%
2016$31,351,15113%$30,841,01314%$9,697,1496%
2015$27,662,7871%$27,095,0471%$9,177,9726%
2014$27,520,10110%$27,274,71510%$8,668,5865%
2013$24,947,6125%$24,768,8097%$8,280,4912%
2012$23,788,436$23,244,451$8,084,148

Frequently Asked Questions

What does Second Harvest Foodbank of Southern Wisconsin do?

Second Harvest Foodbank of Southern Wisconsin is a food, agriculture & nutrition nonprofit organization based in Wisconsin. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Second Harvest Foodbank of Southern Wisconsin financially healthy?

Based on our 9-metric Financial Health Score model, Second Harvest Foodbank of Southern Wisconsin has a score of 65/100 (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 Second Harvest Foodbank of Southern Wisconsin generate?

Second Harvest Foodbank of Southern Wisconsin reports $51.9M in annual revenue and holds $22.8M in total assets, based on IRS filings.

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