Food, Agriculture & Nutrition
(K310)
IRS Verified
DX Registered
990 on File
COASTAL BEND FOOD BANK
Financial strength (30%)
55/100
Reliability (20%)
55/100
Effectiveness (25%)
97/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
We fight hunger and promote wellness through food distribution and nutrition education.
Financial Overview — FY 2023
$30.6M
Total Revenue
$28.9M
Total Expenses
$32.4M
Net Assets
51
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
97.0%
Fundraising Efficiency
64.0%
Operating Reserve
13.45x
Liability-to-Asset
51.6%
Revenue Diversification
94.9%
Executive Compensation
$142K
Compared with Peers
FY 2023
Compared with 234 similar organizations
(United States, Food, Agriculture & Nutrition, $10M–$100M 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
|
97.0% | 94.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.5% | 2.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.6% | 2.2% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
64.0% | 800.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.5 mo | 7.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
51.6% | 8.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.9% | 96.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
1.6% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.9% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.7% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $30.6M | $28.9M | $32.4M | 97.0% | 51 |
| 2022 | $30.1M | $26.3M | $30.4M | 97.1% | 51 |
| 2021 | $41.7M | $26.6M | N/A | — | 57 |
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