Food, Agriculture & Nutrition
(K31Z)
IRS Verified
DX Registered
990 on File
WELD FOOD BANK
Financial strength (30%)
57/100
Reliability (20%)
55/100
Effectiveness (25%)
97/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of Weld Food Bank is to lead and engage our community in the fight against hunger. We are a working 35,000 square foot warehouse that collects, stores, and distributes food to the hungry through 104 partner agencies and through seven direct service programs.
Financial Overview — FY 2025
$24.3M
Total Revenue
$24.4M
Total Expenses
$11.2M
Net Assets
44
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
97.4%
Fundraising Efficiency
235.8%
Operating Reserve
5.51x
Liability-to-Asset
1.5%
Revenue Diversification
92.6%
Executive Compensation
$148K
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
|
97.4% | 94.3% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.7% | 3.2% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.0% | 2.5% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
235.8% | 1228.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.5 mo | 7.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.5% | 8.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.6% | 95.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-5.0% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.7% | 5.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.3% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $24.3M | $24.4M | $11.2M | 97.4% | 44 |
| 2024 | $25.6M | $25.9M | $11.2M | 97.7% | 42 |
| 2023 | $21.2M | $21.1M | $11.4M | 97.4% | 41 |
| 2022 | $19.3M | $19.0M | N/A | — | 45 |
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