South Plains Food Bank Inc
Lubbock, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $27,998,356↑155% | $26,485,674↑87% | $26,677,317↑7% | — |
| 2022 | $10,980,898↓46% | $14,145,119↓24% | $25,009,235↓12% | — |
| 2022 | $20,514,484↓12% | $18,540,743↓4% | $28,298,795↑8% | — |
| 2021 | $23,283,979↑25% | $19,228,704↑9% | $26,206,653↑19% | — |
| 2020 | $18,672,936↑10% | $17,635,100↑5% | $22,077,680↑5% | — |
| 2019 | $16,931,300↓1% | $16,777,329↑8% | $21,056,935↓4% | — |
| 2018 | $17,152,230↑22% | $15,594,953↑12% | $21,970,360↑8% | — |
| 2017 | $14,039,150↓25% | $13,915,366↑3% | $20,338,677↓2% | — |
| 2016 | $18,653,534↑55% | $13,454,509↑5% | $20,718,908↑44% | — |
| 2015 | $12,016,319↓10% | $12,789,984↑7% | $14,359,554↓2% | — |
| 2014 | $13,381,002↓23% | $11,933,411 | $14,647,205↑12% | — |
| 2013 | $17,483,578↑33% | $11,915,339↓2% | $13,085,311↑77% | — |
| 2012 | $13,112,054 | $12,109,156 | $7,393,500 | — |
Frequently Asked Questions
What does South Plains Food Bank Inc do?▼
South Plains Food Bank Inc 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 South Plains Food Bank Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, South Plains Food Bank Inc has a score of 81/100 (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 South Plains Food Bank Inc generate?▼
South Plains Food Bank Inc reports $25.3M in annual revenue and holds $30.3M in total assets, based on IRS filings.
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