Food Bank Of The Albemarle
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,090,068 | 7,213,476 | −123,408 | 1.4 | 6% |
| 2012 | 7,441,338 | 7,180,215 | 261,123 | 1.8 | 6% |
| 2013 | 8,473,712 | 8,438,432 | 35,280 | 1.6 | 5% |
| 2014 | 8,557,824 | 8,413,799 | 144,025 | 1.8 | 5% |
| 2015 | 9,385,766 | 9,480,790 | −95,024 | 1.5 | 5% |
| 2016 | 9,292,867 | 9,198,206 | 94,661 | 1.6 | 6% |
| 2017 | 10,002,516 | 10,285,998 | −283,482 | 1.1 | 6% |
| 2018 | 9,502,747 | 9,495,206 | 7,541 | 1.2 | 8% |
| 2019 | 10,489,799 | 10,545,994 | −56,195 | 1.1 | 7% |
| 2020 | 14,322,502 | 12,374,307 | 1,948,195 | 2.8 | 7% |
| 2021 | 20,689,010 | 15,192,980 | 5,496,030 | 6.6 | 7% |
| 2022 | 16,985,582 | 17,140,220 | −154,638 | 5.8 | 8% |
| 2023 | 16,585,620 | 14,615,206 | 1,970,414 | 8.4 | 10% |
In its most recent public year (2023), this organization brought in $1,970,414 more than it spent. Its reserves stood at about 8.4 months of spending, up from 1.4 in 2011. Staff pay was 10% of spending. $454,350 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Food Bank Of The Albemarle's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works