Food, Agriculture & Nutrition
(K31Z)
IRS Verified
DX Registered
990 on File
SOUTH PLAINS FOOD BANK INC
Financial strength (30%)
61/100
Reliability (20%)
55/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The South Plains Food Bank, Inc. is a humanitarian resource responsible for securing, growing, processing, and distributing food to charitable organizations and persons in need. South Plains Food Bank, Inc. also strives to provide opportunities for persons to break out of the poverty cycle.
Financial Overview — FY 2025
$20.5M
Total Revenue
$23.3M
Total Expenses
$27.4M
Net Assets
103
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.2%
Fundraising Efficiency
104.4%
Operating Reserve
14.13x
Liability-to-Asset
0.1%
Revenue Diversification
89.9%
Executive Compensation
$160K
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
|
92.2% | 94.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.0% | 3.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.8% | 2.5% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
104.4% | 1228.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.1 mo | 7.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.1% | 8.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.9% | 95.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-18.9% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.4% | 5.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-13.4% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $20.5M | $23.3M | $27.4M | 92.2% | 103 |
| 2024 | $25.3M | $21.7M | $30.2M | 91.8% | 0 |
| 2023 | $28.0M | $26.5M | $26.5M | 93.2% | 138 |
| 2022 | $11.0M | $14.1M | $24.8M | 93.9% | 0 |
| 2021 | $44.0M | $19.2M | N/A | — | 116 |
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