Coastal Bend Food Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,861,494 | 25,948,961 | 2,912,533 | 5.6 | 4% |
| 2021 | 41,735,724 | 26,636,678 | 15,099,046 | 12.6 | 5% |
| 2022 | 30,143,454 | 26,291,598 | 3,851,856 | 13.9 | 5% |
| 2023 | 30,617,918 | 28,885,620 | 1,732,298 | 13.5 | 5% |
In its most recent public year (2023), this organization brought in $1,732,298 more than it spent. Its reserves stood at about 13.5 months of spending, up from 5.6 in 2020. Staff pay was 5% of spending. $10,455,138 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works