Montgomery County Food Bank Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,599,005 | 30,577,474 | 2,021,531 | 3.9 | 5% |
| 2021 | 35,807,870 | 33,069,838 | 2,738,032 | 4.6 | 4% |
| 2022 | 33,466,243 | 32,875,758 | 590,485 | 4.8 | 6% |
| 2023 | 35,015,410 | 34,866,919 | 148,491 | 4.6 | 6% |
In its most recent public year (2023), this organization brought in $148,491 more than it spent. Its reserves stood at about 4.6 months of spending. Staff pay was 6% of spending. $115,956 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
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