Food, Agriculture & Nutrition
(K31Z)
IRS Verified
DX Registered
FOOD BANK OF THE ALBEMARLE
CharityAI™ Score
Not yet evaluated
Mission Statement
The Mission of the Food Bank is to fight hunger and poverty in our 15-county service area in northeast North Carolina. We are a regional clearinghouse for the collection and distribution of food and grocery items to over 100 non-profit and faith-based organizations for their food programs and to eligible individuals for their food needs.
Financial Overview — FY 2023
$16.6M
Total Revenue
$14.6M
Total Expenses
N/A
Net Assets
62
Employees
Expense Breakdown
Program Expense Ratio
N/A
Fundraising Efficiency
N/A
Operating Reserve
N/A
Liability-to-Asset
N/A
Revenue Diversification
N/A
Executive Compensation
$91K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $16.6M | $14.6M | N/A | — | 62 |
| 2022 | $17.0M | $17.1M | N/A | — | 55 |
| 2021 | $20.7M | $15.2M | N/A | — | 55 |
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