Food Bank of Delaware INC

Newark, Delaware

B+Health Score
74B+

Financial Health Score

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

Good

💰
$41.5M
Total Revenue
📊
$36.1M
Total Expenses
🏦
$46.6M
Net Assets
📋
$2.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.5%
Year-over-year change (2022 → 2023)
Net Margin
+12.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.29
Net assets divided by total expenses
Liabilities-to-Assets
5.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$41,463,84318%$36,141,6749%$49,023,73715%
2022$34,997,23418%$33,191,1491%$42,761,5616%
2021$42,426,98722%$32,744,78211%$40,241,28730%
2020$34,684,90636%$29,554,06943%$31,033,19024%
2019$25,505,07016%$20,671,56711%$25,112,71217%
2018$21,930,1402%$18,651,6816%$21,489,16626%
2017$22,334,4059%$19,925,1611%$17,071,45817%
2016$20,556,64214%$19,669,70512%$14,619,7776%
2015$18,093,44910%$17,527,43410%$13,770,2274%
2014$16,476,7278%$15,928,2494%$13,244,7072%
2013$17,846,50510%$16,608,96014%$12,931,54818%
2012$16,275,1149%$14,550,74710%$10,968,18616%
2011$17,969,086$16,191,461$9,456,997

Frequently Asked Questions

What does Food Bank of Delaware INC do?

Food Bank of Delaware INC is a food, agriculture & nutrition nonprofit organization based in Delaware. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Food Bank of Delaware INC financially healthy?

Based on our 9-metric Financial Health Score model, Food Bank of Delaware INC has a score of 74/100 (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 Food Bank of Delaware INC generate?

Food Bank of Delaware INC reports $53.4M in annual revenue and holds $60.6M in total assets, based on IRS filings.

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