Food, Agriculture & Nutrition
(K31Z)
IRS Verified
DX Registered
990 on File
NORTHERN ILLINOIS FOOD BANK
Financial strength (30%)
53/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Northern Illinois Food Bank's mission is to lead the northern Illinois community in solving hunger by providing nutritious meals to those in need through innovative programs and partnerships.
Financial Overview — FY 2023
$147.0M
Total Revenue
$150.2M
Total Expenses
$61.6M
Net Assets
227
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
96.1%
Fundraising Efficiency
1208.2%
Operating Reserve
4.92x
Liability-to-Asset
14.6%
Revenue Diversification
109.9%
Executive Compensation
$1.2M
Compared with Peers
FY 2023
Compared with 30 similar organizations
(United States, Food, Agriculture & Nutrition, $100M and over in expenses), FY 2023.
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
|
96.1% | 96.1% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.8% | 1.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.1% | 2.2% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1208.2% | 4721.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.9 mo | 4.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
14.6% | 11.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
109.9% | 99.1% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-2.6% | 9.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.4% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.2% | 0.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $147.0M | $150.2M | $61.6M | 96.1% | 227 |
| 2022 | $151.0M | $146.6M | $62.1M | 95.9% | 226 |
| 2021 | $205.4M | $193.4M | N/A | — | 215 |
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