Heart of Alabama Food Bank
Montgomery, Alabama
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $33,991,815↓36% | $34,071,824↓37% | $22,101,996↑17% | |
| 2022 | $52,753,616↓28% | $53,876,400↓11% | $18,933,863↓12% | — |
| 2021 | $72,895,777↑49% | $60,729,982↑30% | $21,621,044↑127% | — |
| 2020 | $49,065,417↑37% | $46,780,630↑30% | $9,508,444↑39% | — |
| 2019 | $35,693,139↑2% | $35,950,316↑1% | $6,848,343↓4% | — |
| 2018 | $35,146,226↓7% | $35,433,164↓5% | $7,101,050↓4% | — |
| 2017 | $37,856,291↑19% | $37,449,188↑17% | $7,399,467↑10% | — |
| 2016 | $31,824,112 | $31,953,399↑1% | $6,724,725↓2% | — |
| 2015 | $31,888,544↓7% | $31,586,908↓7% | $6,888,748↑2% | — |
| 2014 | $34,291,959↑11% | $33,799,384↑13% | $6,726,861↑10% | — |
| 2013 | $30,770,139↑19% | $29,875,598↑13% | $6,088,466↑18% | — |
| 2012 | $25,883,377 | $26,546,091 | $5,142,493 | — |
Frequently Asked Questions
What does Heart of Alabama Food Bank do?▼
Heart of Alabama Food Bank is a food, agriculture & nutrition nonprofit organization based in Alabama. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Heart of Alabama Food Bank financially healthy?▼
Based on our 9-metric Financial Health Score model, Heart of Alabama Food Bank has a score of 58/100 (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 Heart of Alabama Food Bank generate?▼
Heart of Alabama Food Bank reports $45.2M in annual revenue and holds $21.8M in total assets, based on IRS filings.
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