K โ€” Food, Agriculture & NutritionEIN: 751812865ยท Ruling Year: 1982

Wichita Falls Area Food Bank

Wichita Falls, Texas

A-Health Score
82A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$10.4M
Total Revenue
๐Ÿ“Š
$9.9M
Total Expenses
๐Ÿฆ
$10.3M
Net Assets
๐Ÿ“‹
$146K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+4.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.04
Net assets divided by total expenses
Liabilities-to-Assets
1.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,416,411โ†‘11%$9,926,223โ†‘11%$10,464,619โ†‘5%
2022$9,419,439โ†“4%$8,972,695โ†‘3%$9,931,306โ†‘5%
2021$9,862,172โ†“26%$8,732,886โ†‘9%$9,498,885โ†‘12%
2020$13,297,718โ†‘97%$8,042,644โ†‘19%$8,494,310โ†‘180%
2019$6,748,041โ†‘2%$6,757,161โ†‘2%$3,033,234โ†‘1%
2018$6,608,887$6,602,702โ†“7%$3,014,235โ†“1%
2017$6,604,477โ†“6%$7,098,794โ†‘1%$3,033,834โ†‘14%
2016$7,044,420โ†“2%$7,044,182โ†“3%$2,668,718
2015$7,223,012โ†“8%$7,259,049โ†“11%$2,669,645โ†“1%
2014$7,832,927โ†‘38%$8,159,511โ†‘46%$2,695,682โ†“11%
2013$5,664,007โ†‘8%$5,590,983โ†‘3%$3,022,266โ†‘2%
2012$5,247,553$5,452,087โ†‘5%$2,949,242โ†“21%
2011$5,242,394$5,192,411$3,712,064

Frequently Asked Questions

What does Wichita Falls Area Food Bank do?โ–ผ

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

Is Wichita Falls Area Food Bank financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Wichita Falls Area Food Bank has a score of 82/100 (Grade: A-). 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 Wichita Falls Area Food Bank generate?โ–ผ

Wichita Falls Area Food Bank reports $10.0M in annual revenue and holds $9.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Food, Agriculture & Nutrition category, or browse all nonprofits in Texas.

Wichita Falls Area Food Bank โ€” Wichita Falls, TX | GiveScope