Heart Of Alabama Food Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 25,883,377 | 26,546,091 | −662,714 | 2.3 | 4% |
| 2013 | 30,770,139 | 29,875,598 | 894,541 | 2.4 | 3% |
| 2014 | 34,291,959 | 33,799,384 | 492,575 | 2.3 | 3% |
| 2015 | 31,888,544 | 31,586,908 | 301,636 | 2.6 | 4% |
| 2016 | 31,824,112 | 31,953,399 | −129,287 | 2.5 | 4% |
| 2017 | 37,856,291 | 37,449,188 | 407,103 | 2.3 | 3% |
| 2018 | 35,146,226 | 35,433,164 | −286,938 | 2.3 | 3% |
| 2019 | 35,693,139 | 35,950,316 | −257,177 | 2.3 | 4% |
| 2020 | 49,065,417 | 46,780,630 | 2,284,787 | 2.3 | 3% |
| 2021 | 72,895,777 | 60,729,982 | 12,165,795 | 4.2 | 3% |
| 2022 | 52,753,616 | 53,876,400 | −1,122,784 | 4.2 | 3% |
| 2023 | 33,991,815 | 34,071,824 | −80,009 | 7.1 | 6% |
In its most recent public year (2023), this organization spent $80,009 more than it brought in. Its reserves stood at about 7.1 months of spending, up from 2.3 in 2012. Staff pay was 6% of spending. $92,965 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
Heart Of Alabama Food Bank'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