Food Bank Of Somerset County Inc
Bound Brook, New Jersey
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,530,221↑55% | $4,356,373↑42% | $2,796,781↑8% | — |
| 2022 | $2,914,417↑3% | $3,067,638↑26% | $2,587,947↓5% | — |
| 2021 | $2,836,590↓2% | $2,438,265↑35% | $2,730,710↑17% | — |
| 2020 | $2,883,980↑215% | $1,800,123↑89% | $2,331,742↑87% | — |
| 2019 | $915,027↓15% | $952,624↓5% | $1,247,285↓3% | — |
| 2018 | $1,074,844↑24% | $1,001,010↑17% | $1,283,141↑9% | — |
| 2017 | $867,967↓2% | $858,881↑3% | $1,176,144↑1% | — |
| 2016 | $882,471↓2% | $834,347↓2% | $1,167,572↑3% | — |
| 2015 | $898,165↓8% | $849,775↓3% | $1,136,625↑6% | — |
| 2014 | $979,715↑7% | $875,370↓1% | $1,072,755↑11% | — |
| 2013 | $916,461↓6% | $887,997↓3% | $963,920↑2% | — |
| 2012 | $975,356↑16% | $918,257↑8% | $944,006↑6% | — |
| 2011 | $838,625 | $850,298 | $887,819 | — |
Frequently Asked Questions
What does Food Bank Of Somerset County Inc do?▼
Food Bank Of Somerset County Inc is a food, agriculture & nutrition nonprofit organization based in New Jersey. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Food Bank Of Somerset County Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Food Bank Of Somerset County Inc has a score of 77/100 (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 Food Bank Of Somerset County Inc generate?▼
Food Bank Of Somerset County Inc reports $5.2M in annual revenue and holds $3.2M in total assets, based on IRS filings.
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