KFood, Agriculture & NutritionEIN: 900788707· Ruling Year: 2012

Palm Beach County Food Bank Inc

Lk Worth Bch, Florida

BHealth Score
63B

Financial Health Score

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

Above Average

💰
$34.5M
Total Revenue
📊
$29.0M
Total Expenses
🏦
$17.2M
Net Assets
📋
$8.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+47.8%
Year-over-year change (2022 → 2023)
Net Margin
+15.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.59
Net assets divided by total expenses
Liabilities-to-Assets
33.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$34,534,80648%$29,027,34027%$26,027,29262%
2022$23,359,18141%$22,909,86935%$16,090,9552%
2021$39,829,57468%$34,987,50976%$15,789,163127%
2020$23,710,937102%$19,877,00280%$6,946,803148%
2019$11,743,06424%$11,035,77711%$2,798,96233%
2018$9,504,4855%$9,941,6382%$2,104,56915%
2017$9,967,2045%$10,158,2182%$2,479,4565%
2016$10,489,9613%$9,961,8486%$2,607,41823%
2015$10,838,0547%$10,610,38612%$2,111,53914%
2014$10,090,95218%$9,466,79924%$1,848,78453%
2013$8,585,2944541%$7,606,036$1,211,291555%
2012$185,000$0$185,000

Frequently Asked Questions

What does Palm Beach County Food Bank Inc do?

Palm Beach County Food Bank Inc is a food, agriculture & nutrition nonprofit organization based in Florida. It is classified under NTEE code K30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palm Beach County Food Bank Inc financially healthy?

Based on our 9-metric Financial Health Score model, Palm Beach County Food Bank Inc has a score of 63/100 (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 Palm Beach County Food Bank Inc generate?

Palm Beach County Food Bank Inc reports $39.3M in annual revenue and holds $31.3M in total assets, based on IRS filings.

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