Food Bank Of The Albemarle

Human Services · Elizabeth Cty, North Carolina

Po Box 1704, Elizabeth Cty, NC 27906-1704

EIN: 561341658· Founded: Dec 1985· 41 years active· Filing Year: 2023

Annual Revenue

$16.6M

Total Expenses

$14.6M

Total Assets

$10.4M

Program Spending

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$91K

0.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.4M

Total Payroll

$1.5M

10% of total expenses

Where the Money Goes

Programs: 3%

Payroll: 10%

Other overhead: 97%

Program Revenue$490K (3%)

Total Expenses$14.6M (88%)

Payroll$1.5M (10%)

Overhead (non-program)97%

Trust Score Breakdown

Program Spending Ratio

3% of expenses go to programs

40%

Revenue & Stability

$16.6M annual revenue

15%

Executive Compensation

$91K total officer comp (0.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$10.4M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.