K โ€” Food, Agriculture & NutritionEIN: 010545734ยท Ruling Year: 2003

Augusta Food Bank

Augusta, Maine

A-Health Score
80A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$2.3M
Total Revenue
๐Ÿ“Š
$2.3M
Total Expenses
๐Ÿฆ
$1.6M
Net Assets
๐Ÿ“‹
$641
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+1.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.69
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,302,198โ†‘4%$2,257,679โ†‘15%$1,555,554โ†‘6%
2022$2,212,156โ†‘18%$1,960,991โ†‘12%$1,470,681โ†‘21%
2021$1,872,352โ†‘3%$1,747,806โ†‘5%$1,219,516โ†‘8%
2020$1,823,201โ†‘91%$1,666,038โ†‘82%$1,124,270โ†‘20%
2019$954,910โ†‘154%$915,724โ†‘279%$937,807
2018$375,431โ†“14%$241,808โ†‘30%$934,924โ†“3%
2017$435,046โ†“17%$185,939โ†‘17%$963,997โ†‘87%
2016$526,282โ†‘210%$159,140โ†‘32%$515,890โ†‘247%
2015$169,865โ†‘27%$120,565โ†‘25%$148,748โ†‘50%
2014$134,276โ†‘49%$96,649โ†‘16%$99,448โ†‘56%
2013$90,249โ†‘4%$83,603โ†“10%$63,795โ†‘12%
2012$87,091โ†“1%$92,671โ†‘7%$57,081โ†“9%
2011$87,546$86,257$62,409

Frequently Asked Questions

What does Augusta Food Bank do?โ–ผ

Augusta Food Bank is a food, agriculture & nutrition nonprofit organization based in Maine. It is classified under NTEE code K31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Augusta Food Bank financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Augusta Food Bank has a score of 80/100 (Grade: A-). 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 Augusta Food Bank generate?โ–ผ

Augusta Food Bank reports $2.9M in annual revenue and holds $1.7M in total assets, based on IRS filings.

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Augusta Food Bank โ€” Augusta, ME | GiveScope