Food, Agriculture & Nutrition
(K31)
IRS Verified
DX Registered
990 on File
KANBES MARKETS
Financial strength (30%)
74/100
Reliability (20%)
45/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Kanbe’s Markets is working to build a more equitable and efficient food system. We do this by using the excess food from wholesalers and farmers and redirecting it to the most appropriate end user via a variety of programs.
Financial Overview — FY 2025
$7.4M
Total Revenue
$7.0M
Total Expenses
$2.2M
Net Assets
42
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.6%
Fundraising Efficiency
1091.4%
Operating Reserve
3.76x
Liability-to-Asset
33.7%
Revenue Diversification
94.6%
Executive Compensation
$132K
Compared with Peers
FY 2025
Compared with 420 similar organizations
(United States, Food, Agriculture & Nutrition, $1M–$10M 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
|
84.6% | 89.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.9% | 6.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.5% | 0.8% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1091.4% | 140.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.8 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.7% | 5.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.6% | 94.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
70.8% | 6.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
66.0% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.1% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $7.4M | $7.0M | $2.2M | 84.6% | 42 |
| 2024 | $4.3M | $4.2M | $1.8M | 84.1% | 25 |
| 2023 | $3.8M | $2.7M | $1.7M | 75.3% | 28 |
| 2022 | $3.8M | $3.6M | $648K | 70.8% | 33 |
| 2021 | $4.9M | $3.1M | N/A | — | 38 |
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