Food Bank For Monterey County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 9,299,139 | 8,482,527 | 816,612 | 5.3 | 8% |
| 2013 | 9,300,039 | 9,212,949 | 87,090 | 5.0 | 8% |
| 2014 | 10,671,984 | 10,670,217 | 1,767 | 4.4 | 3% |
| 2015 | 13,600,988 | 11,755,987 | 1,845,001 | 5.8 | 9% |
| 2016 | 14,122,903 | 13,176,984 | 945,919 | 6.0 | 8% |
| 2017 | 18,049,188 | 17,031,053 | 1,018,135 | 5.4 | 7% |
| 2018 | 15,895,976 | 15,877,734 | 18,242 | 5.8 | 8% |
| 2019 | 16,637,295 | 15,744,133 | 893,162 | 6.5 | 9% |
| 2020 | 25,870,545 | 20,225,032 | 5,645,513 | 8.4 | 8% |
| 2021 | 53,481,043 | 45,029,132 | 8,451,911 | 6.0 | 4% |
| 2022 | 28,927,721 | 25,350,985 | 3,576,736 | 12.4 | 7% |
| 2023 | 28,850,256 | 26,495,705 | 2,354,551 | 13.0 | 8% |
In its most recent public year (2023), this organization brought in $2,354,551 more than it spent. Its reserves stood at about 13 months of spending, up from 5.3 in 2012. Staff pay was 8% of spending. $150,000 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 For Monterey County'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