Charity Search / FOOD BANK FOR NEW YORK CITY
Community Improvement (S50) IRS Verified DX Registered 990 on File

FOOD BANK FOR NEW YORK CITY

EIN: 13-3179546 · BRONX, NY 10474-7000 · United States · FY 2023 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 65/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Mission Statement

Food Bank For New York City recognizes 27 years as the city's major hunger-relief organization working to end food poverty throughout the five boroughs. As one of the country's largest food banks, our mission is to end hunger in New York City by organizing food, information and support for community survival and dignity. As the city's hub for integrated food poverty assistance, the Food Bank tackles the hunger issue on three fronts - emergency food distribution, financial empowerment and nutrition education - all strategically guided by its research. There are 3.3 million New Yorkers who experience difficulty affording food - an astounding number and one that continues to increase as the donated food supply drops to an all-time low and food costs skyrocket. To address this issue, the Food Bank procures and distributes food to a network of approximately 1,000 food assistance programs citywide, helping to provide 300,000 free meals a day for New Yorkers in need. In addition, CookShop, our hands-on nutrition education program in the city's public schools reaches thousands of children, teens and adults. Income support services including food stamp direct service, training and advocacy; as well as free tax assistance for the working poor and the Earned Income Tax Credit put millions of dollars back in the pockets of low-income New Yorkers, helping them to achieve greater dignity and independence. Working toward long-term solutions to food poverty, the Food Bank develops policy and conducts research to inform community and government efforts.

Financial Overview — FY 2023
$164.3M
Total Revenue
$168.7M
Total Expenses
$43.5M
Net Assets
324
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.2%
Fundraising Efficiency 16603.6%
Operating Reserve 3.10x
Liability-to-Asset 49.7%
Revenue Diversification 98.2%
Executive Compensation $799K
Compared with Peers
FY 2023
Compared with 18 similar organizations (United States, Community Improvement, $100M and over in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.2% 91.0%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
7.3% 6.9%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
5.5% 0.2%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
16603.6% 5316.5%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
3.1 mo 5.0 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
49.7% 56.6%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
98.2% 96.8%
P10P90
Below median
Revenue growth
Year over year revenue growth
-12.2% 15.5%
P10P90
Expense growth
Year over year expense growth
-10.3% 10.7%
P10P90
Surplus margin
Surplus as a share of revenue
-2.7% 0.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $164.3M $168.7M $43.5M 87.2% 324
2022 $187.1M $188.0M $47.8M 92.1% 265
2021 $224.7M $210.3M N/A — 170
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Organization Details
EIN
13-3179546
State
NY
City
BRONX
ZIP
10474-7000
Classification
S50
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
Foundation Code
15
Form 990
On File
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