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$233,952,4481%$238,575,1448%$103,162,8762%
2023$232,338,9148%$221,747,2676%$104,815,20715%
2022$216,066,90330%$208,404,47822%$91,235,5166%
2021$310,712,98583%$267,812,80573%$85,769,63878%
2020$169,408,3931%$154,864,8094%$48,195,89164%
2019$167,253,90834%$161,389,32929%$29,477,13825%
2018$124,753,1426%$125,576,3204%$23,573,3713%
2017$132,927,0988%$130,823,12813%$24,313,13019%
2016$122,711,44210%$115,722,1887%$20,362,14662%
2015$111,211,0599%$108,181,9977%$12,567,76737%
2014$102,342,2363%$101,367,6392%$9,168,24114%
2013$99,340,55414%$99,319,08014%$8,032,1483%
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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