Food Bank of Central & Eastern North Carolina INC

Raleigh, North Carolina

B+Health Score
70B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 25 peers in Food, Agriculture & Nutrition with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.41×
Peer Median0.39×
💰
$234.0M
Total Revenue
📊
$238.6M
Total Expenses
🏦
$98.2M
Net Assets
📋
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.7%
Year-over-year change (2023 → 2024)
Net Margin
-2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
4.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$233,952,448↑1%$238,575,144↑8%$103,162,876↓2%
2023$232,338,914↑8%$221,747,267↑6%$104,815,207↑15%
2022$216,066,903↓30%$208,404,478↓22%$91,235,516↑6%
2021$310,712,985↑83%$267,812,805↑73%$85,769,638↑78%
2020$169,408,393↑1%$154,864,809↓4%$48,195,891↑64%
2019$167,253,908↑34%$161,389,329↑29%$29,477,138↑25%
2018$124,753,142↓6%$125,576,320↓4%$23,573,371↓3%
2017$132,927,098↑8%$130,823,128↑13%$24,313,130↑19%
2016$122,711,442↑10%$115,722,188↑7%$20,362,146↑62%
2015$111,211,059↑9%$108,181,997↑7%$12,567,767↑37%
2014$102,342,236↑3%$101,367,639↑2%$9,168,241↑14%
2013$99,340,554↑14%$99,319,080↑14%$8,032,148↑3%
2012$86,975,600$87,196,639$7,823,759

Frequently Asked Questions

What does Food Bank of Central & Eastern North Carolina INC do?▼

Food Bank of Central & Eastern North Carolina INC is a food, agriculture & nutrition nonprofit organization based in North Carolina. It is classified under NTEE code K310 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Food Bank of Central & Eastern North Carolina INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Food Bank of Central & Eastern North Carolina INC has a score of 70/100 (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 Central & Eastern North Carolina INC generate?▼

Food Bank of Central & Eastern North Carolina INC reports $247.2M in annual revenue and holds $106.4M in total assets, based on IRS filings.

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