Food Bank Of The Albemarle
Elizabeth Cty, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $16,585,620↓2% | $14,615,206↓15% | $10,353,442↑21% | — |
| 2022 | $16,985,582↓18% | $17,140,220↑13% | $8,532,057↓11% | — |
| 2021 | $20,689,010↑44% | $15,192,980↑23% | $9,553,022↑135% | — |
| 2020 | $14,322,502↑37% | $12,374,307↑17% | $4,056,911↑182% | — |
| 2019 | $10,489,799↑10% | $10,545,994↑11% | $1,438,975↑12% | — |
| 2018 | $9,502,747↓5% | $9,495,206↓8% | $1,282,902↓1% | — |
| 2017 | $10,002,516↑8% | $10,285,998↑12% | $1,302,057↓13% | — |
| 2016 | $9,292,867↓1% | $9,198,206↓3% | $1,503,296↑5% | — |
| 2015 | $9,385,766↑10% | $9,480,790↑13% | $1,425,072↓10% | — |
| 2014 | $8,557,824↑1% | $8,413,799 | $1,576,247↑6% | — |
| 2013 | $8,473,712↑14% | $8,438,432↑18% | $1,483,634↑7% | — |
| 2012 | $7,441,338↑5% | $7,180,215 | $1,392,971↑29% | — |
| 2011 | $7,090,068 | $7,213,476 | $1,080,599 | — |
Frequently Asked Questions
What does Food Bank Of The Albemarle do?▼
Food Bank Of The Albemarle is a food, agriculture & nutrition nonprofit organization based in North Carolina. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Food Bank Of The Albemarle financially healthy?▼
Based on our 9-metric Financial Health Score model, Food Bank Of The Albemarle has a score of 67/100 (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 Food Bank Of The Albemarle generate?▼
Food Bank Of The Albemarle reports $17.7M in annual revenue and holds $11.1M in total assets, based on IRS filings.
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