KFood, Agriculture & NutritionEIN: 341369388· Ruling Year: 1982

Akron Canton Regional Foodbank

Akron, Ohio

A-Health Score
75A-

Financial Health Score

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

Very Good

💰
$62.0M
Total Revenue
📊
$59.6M
Total Expenses
🏦
$41.8M
Net Assets
📋
$10.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.2%
Year-over-year change (2022 → 2023)
Net Margin
+3.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
20.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$62,044,70421%$59,623,18822%$52,282,52333%
2022$51,182,0602%$49,022,9323%$39,331,0033%
2021$52,426,99820%$47,782,13814%$38,369,33913%
2020$65,326,21918%$55,399,15115%$34,089,78771%
2019$55,590,70619%$48,377,9313%$19,920,47567%
2018$46,566,1551%$47,147,1022%$11,931,8927%
2017$45,928,41821%$46,140,17022%$12,881,8171%
2016$38,058,9081%$37,914,0031%$12,758,3294%
2015$38,484,1886%$38,255,7193%$12,304,1671%
2014$36,311,3577%$37,085,49413%$12,369,6883%
2013$34,043,94117%$32,889,50616%$12,792,64912%
2012$29,169,5619%$28,284,8526%$11,403,7869%
2011$26,643,330$26,734,662$10,466,366

Frequently Asked Questions

What does Akron Canton Regional Foodbank do?

Akron Canton Regional Foodbank is a food, agriculture & nutrition nonprofit organization based in Ohio. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Akron Canton Regional Foodbank financially healthy?

Based on our 9-metric Financial Health Score model, Akron Canton Regional Foodbank has a score of 75/100 (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 Akron Canton Regional Foodbank generate?

Akron Canton Regional Foodbank reports $65.7M in annual revenue and holds $46.3M in total assets, based on IRS filings.

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