Palm Beach County Food Bank Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 185,000 | 0 | 185,000 | — | — |
| 2013 | 8,585,294 | 7,606,036 | 979,258 | 1.8 | 9% |
| 2014 | 10,090,952 | 9,466,799 | 624,153 | 2.3 | 7% |
| 2015 | 10,838,054 | 10,610,386 | 227,668 | 2.3 | 8% |
| 2016 | 10,489,961 | 9,961,848 | 528,113 | 3.1 | 10% |
| 2017 | 9,967,204 | 10,158,218 | −191,014 | 2.7 | 11% |
| 2018 | 9,504,485 | 9,941,638 | −437,153 | 2.3 | 9% |
| 2019 | 11,743,064 | 11,035,777 | 707,287 | 2.8 | 8% |
| 2020 | 23,710,937 | 19,877,002 | 3,833,935 | 3.9 | 6% |
| 2021 | 39,829,574 | 34,987,509 | 4,842,065 | 3.9 | 4% |
| 2022 | 23,359,181 | 22,909,869 | 449,312 | 6.1 | 7% |
| 2023 | 34,534,806 | 29,027,340 | 5,507,466 | 7.1 | 7% |
In its most recent public year (2023), this organization brought in $5,507,466 more than it spent. Its reserves stood at about 7.1 months of spending. Staff pay was 7% of spending. $3,429,813 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
Palm Beach County Food Bank Inc'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