Food, Agriculture & Nutrition
(K310)
IRS Verified
DX Registered
990 on File
FREDERICKSBURG REGIONAL FOODBANK
Financial strength (30%)
69/100
Reliability (20%)
55/100
Effectiveness (25%)
97/100
Impact (25%)
75/100
CharityAI™ Score
Not yet evaluated
Mission Statement
To feed the hungry through a community-wide network of partner agencies and engage our community in the fight to end hunger.
Financial Overview — FY 2024
$21.7M
Total Revenue
$21.4M
Total Expenses
$8.6M
Net Assets
49
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.5%
Fundraising Efficiency
2172.7%
Operating Reserve
4.83x
Liability-to-Asset
14.1%
Revenue Diversification
99.1%
Executive Compensation
$272K
Compared with Peers
FY 2024
Compared with 176 similar organizations
(United States, Food, Agriculture & Nutrition, $10M–$100M in expenses), FY 2024.
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
|
93.5% | 94.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.3% | 2.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.2% | 2.1% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
2172.7% | 723.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.8 mo | 6.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
14.1% | 9.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.1% | 96.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
27.6% | 11.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
22.5% | 10.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.2% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $21.7M | $21.4M | $8.6M | 93.5% | 49 |
| 2023 | $17.0M | $17.5M | $8.2M | 93.0% | 48 |
| 2022 | $13.4M | $14.3M | N/A | — | 41 |
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