Food, Agriculture & Nutrition
(K310)
IRS Verified
DX Registered
990 on File
FOODBANK OF SOUTHEASTERN VIRGINIA
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Since 1981, the Foodbank of Southeastern Virginia and the Eastern Shore, a member of Feeding America™ and the Federation of Virginia Food Banks, has been providing food for people experiencing food insecurity throughout Southeastern Virginia and on the Eastern Shore.
Financial Overview — FY 2025
$60.9M
Total Revenue
$53.7M
Total Expenses
$34.5M
Net Assets
95
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.6%
Fundraising Efficiency
N/A
Operating Reserve
7.72x
Liability-to-Asset
1.6%
Revenue Diversification
96.1%
Executive Compensation
$345K
Compared with Peers
FY 2025
Compared with 109 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
|
94.6% | 94.3% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.4% | 3.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.1% | 2.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.7 mo | 7.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.6% | 9.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.1% | 95.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
8.5% | 5.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.9% | 4.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
11.8% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $60.9M | $53.7M | $34.5M | 94.6% | 95 |
| 2024 | $56.1M | $54.2M | $26.5M | 94.7% | 101 |
| 2023 | $46.1M | $45.5M | $23.8M | 92.4% | 87 |
| 2022 | $36.2M | $37.7M | $22.9M | 91.3% | 80 |
| 2021 | $41.9M | $38.1M | N/A | — | 66 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.