Second Harvest Food Bank of Northwest North Carolina INC

Winston Salem, North Carolina

BHealth Score
61B

Financial Health Score

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

Above Average

💰
$73.8M
Total Revenue
📊
$74.5M
Total Expenses
🏦
$30.3M
Net Assets
📋
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.1%
Year-over-year change (2022 → 2023)
Net Margin
-0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
8.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$73,805,46513%$74,497,0042%$32,943,29019%
2022$84,978,2379%$72,953,98910%$40,643,43726%
2021$93,340,46812%$81,470,63511%$32,221,03569%
2020$83,074,87631%$73,595,72019%$19,083,478143%
2019$63,541,8162%$62,013,7372%$7,851,91832%
2018$62,314,4722%$62,986,7244%$5,955,26411%
2017$61,223,09828%$60,851,27825%$6,684,8659%
2016$47,971,58513%$48,770,07516%$6,145,99111%
2015$42,346,0875%$41,956,3684%$6,933,6968%
2014$40,422,67415%$40,215,20216%$6,434,9833%
2013$35,048,4953%$34,635,7502%$6,223,95812%
2012$33,933,41962%$33,875,79760%$5,568,5882%
2011$20,987,673$21,182,214$5,679,011

Frequently Asked Questions

What does Second Harvest Food Bank of Northwest North Carolina INC do?

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

Is Second Harvest Food Bank of Northwest North Carolina INC financially healthy?

Based on our 9-metric Financial Health Score model, Second Harvest Food Bank of Northwest North Carolina INC has a score of 61/100 (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 Second Harvest Food Bank of Northwest North Carolina INC generate?

Second Harvest Food Bank of Northwest North Carolina INC reports $85.8M in annual revenue and holds $34.2M in total assets, based on IRS filings.

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