Food, Agriculture & Nutrition
(K31Z)
IRS Verified
DX Registered
990 on File
THE FOOD BANK OF THE GOLDEN CRESCENT
Financial strength (30%)
60/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
"Helping heal the hurt of hunger"
Financial Overview — FY 2024
$19.6M
Total Revenue
$19.1M
Total Expenses
$13.1M
Net Assets
55
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
96.5%
Fundraising Efficiency
254.5%
Operating Reserve
8.22x
Liability-to-Asset
0.4%
Revenue Diversification
95.7%
Executive Compensation
$114K
Compared with Peers
FY 2024
Compared with 176 similar organizations
(United States, Food, Agriculture & Nutrition, $10M–$100M in expenses), FY 2024.
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
|
96.5% | 94.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.9% | 2.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.6% | 2.1% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
254.5% | 723.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.2 mo | 6.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.4% | 9.2% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.7% | 96.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
32.7% | 11.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
31.0% | 10.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.6% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $19.6M | $19.1M | $13.1M | 96.5% | 55 |
| 2023 | $14.7M | $14.6M | $12.5M | 95.3% | 44 |
| 2022 | $15.1M | $15.0M | $12.3M | 96.1% | 49 |
| 2021 | $19.5M | $16.2M | N/A | — | 47 |
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