KFood, Agriculture & NutritionEIN: 223241609· Ruling Year: 1993

Merrimack Valley Food Bank Inc

Lowell, Massachusetts

B+Health Score
69B+

Financial Health Score

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

Good

💰
$8.4M
Total Revenue
📊
$6.7M
Total Expenses
🏦
$6.7M
Net Assets
📋
$3.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+44.8%
Year-over-year change (2022 → 2023)
Net Margin
+19.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.99
Net assets divided by total expenses
Liabilities-to-Assets
34.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$8,360,84745%$6,723,10828%$10,243,326101%
2022$5,773,14829%$5,270,47115%$5,091,19610%
2021$8,136,20440%$6,178,60824%$4,637,62068%
2020$5,822,18127%$4,979,25613%$2,764,11155%
2019$4,591,7329%$4,391,2666%$1,784,21812%
2018$4,198,0715%$4,156,5516%$1,596,3476%
2017$4,409,1315%$4,431,8764%$1,504,608
2016$4,645,32613%$4,604,18313%$1,498,7602%
2015$4,122,72411%$4,088,2219%$1,471,1791%
2014$3,712,8295%$3,739,3289%$1,461,6632%
2013$3,528,3554%$3,442,0176%$1,487,9285%
2012$3,665,774$3,658,338$1,418,642

Frequently Asked Questions

What does Merrimack Valley Food Bank Inc do?

Merrimack Valley Food Bank Inc is a food, agriculture & nutrition nonprofit organization based in Massachusetts. It is classified under NTEE code K310 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Merrimack Valley Food Bank Inc financially healthy?

Based on our 9-metric Financial Health Score model, Merrimack Valley Food Bank Inc has a score of 69/100 (Grade: B+). 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 Merrimack Valley Food Bank Inc generate?

Merrimack Valley Food Bank Inc reports $8.7M in annual revenue and holds $13.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Food, Agriculture & Nutrition category, or browse all nonprofits in Massachusetts.