K โ€” Food, Agriculture & NutritionEIN: 911425561ยท Ruling Year: 1989

Central Kitsap Food Bank

Silverdale, Washington

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

๐Ÿ’ฐ
$1.9M
Total Revenue
๐Ÿ“Š
$3.0M
Total Expenses
๐Ÿฆ
$2.7M
Net Assets
๐Ÿ“‹
$10K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-58.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.90
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,912,924โ†“4%$3,039,869โ†‘71%$2,753,120โ†“29%
2022$1,990,326โ†“24%$1,782,138โ†‘24%$3,871,431โ†‘5%
2021$2,614,195โ†‘19%$1,440,244โ†‘8%$3,697,484โ†‘47%
2020$2,201,024โ†‘29%$1,339,365โ†“19%$2,514,958โ†‘59%
2019$1,712,565โ†‘14%$1,656,610โ†‘17%$1,581,667โ†‘7%
2018$1,498,252โ†‘1%$1,414,383โ†‘4%$1,473,856โ†‘5%
2017$1,487,574$1,359,975โ†“2%$1,401,969โ†‘8%
2016$1,485,188โ†“5%$1,385,779โ†“7%$1,297,852โ†“15%
2015$1,566,980โ†‘6%$1,484,814โ†‘3%$1,533,952โ†‘5%
2014$1,480,186โ†“12%$1,438,861โ†‘8%$1,461,291
2013$1,677,004โ†‘23%$1,337,663โ†‘3%$1,459,402โ†‘103%
2012$1,361,358โ†“7%$1,295,207โ†“6%$720,161โ†‘10%
2011$1,464,553$1,374,335$655,633

Frequently Asked Questions

What does Central Kitsap Food Bank do?โ–ผ

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

Is Central Kitsap Food Bank financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Central Kitsap Food Bank 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 Central Kitsap Food Bank generate?โ–ผ

Central Kitsap Food Bank reports $3.1M in annual revenue and holds $3.5M in total assets, based on IRS filings.

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Central Kitsap Food Bank โ€” Silverdale, WA | GiveScope