Merrimack Valley Food Bank Inc
Lowell, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,360,847↑45% | $6,723,108↑28% | $10,243,326↑101% | — |
| 2022 | $5,773,148↓29% | $5,270,471↓15% | $5,091,196↑10% | — |
| 2021 | $8,136,204↑40% | $6,178,608↑24% | $4,637,620↑68% | — |
| 2020 | $5,822,181↑27% | $4,979,256↑13% | $2,764,111↑55% | — |
| 2019 | $4,591,732↑9% | $4,391,266↑6% | $1,784,218↑12% | — |
| 2018 | $4,198,071↓5% | $4,156,551↓6% | $1,596,347↑6% | — |
| 2017 | $4,409,131↓5% | $4,431,876↓4% | $1,504,608 | — |
| 2016 | $4,645,326↑13% | $4,604,183↑13% | $1,498,760↑2% | — |
| 2015 | $4,122,724↑11% | $4,088,221↑9% | $1,471,179↑1% | — |
| 2014 | $3,712,829↑5% | $3,739,328↑9% | $1,461,663↓2% | — |
| 2013 | $3,528,355↓4% | $3,442,017↓6% | $1,487,928↑5% | — |
| 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.
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