Food, Agriculture & Nutrition
(K31Z)
IRS Verified
DX Registered
990 on File
RHODE ISLAND COMMUNITY FOOD BANK ASSOCIATION
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Food Bank is committed to improving the quality of life for all Rhode Islanders by advancing solutions to the problem of hunger. Learn more about our mission, our vision, and our core values.
Financial Overview — FY 2025
$33.6M
Total Revenue
$34.5M
Total Expenses
$22.7M
Net Assets
82
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.0%
Fundraising Efficiency
4171.1%
Operating Reserve
7.90x
Liability-to-Asset
2.7%
Revenue Diversification
96.9%
Executive Compensation
$933K
Compared with Peers
FY 2025
Compared with 129 similar organizations
(United States, Food, Agriculture & Nutrition, $10M–$100M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.0% | 94.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.7% | 3.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.4% | 2.5% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
4171.1% | 1228.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.9 mo | 7.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.7% | 8.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.9% | 95.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
2.4% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.8% | 5.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.9% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $33.6M | $34.5M | $22.7M | 88.0% | 82 |
| 2024 | $32.8M | $32.9M | $23.0M | 89.0% | 68 |
| 2023 | $27.6M | $31.0M | $22.2M | 89.0% | 78 |
| 2022 | $26.5M | $27.1M | N/A | — | 70 |
| 2021 | $33.7M | $26.7M | N/A | — | 65 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.