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Akron-Canton Regional Foodbank

Akron, OH · EIN 34-1369388 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Akron-Canton Regional Foodbank reported $65.7 million in revenue and $64.5 million in expenses for calendar year 2024. Of every $100 it spent, $92.08 went to program services, $3.30 to management and general costs and $4.62 to fundraising. Its largest source of revenue was contributions and grants: 95.7% of the total. The highest compensation it reported for one person was $319,520 (PRESIDENT AND CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 18% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $65M

For context, the median across 349 covered food, agriculture & nutrition charities: $94.56 programs, $3.12 management, $2.32 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $66M

Other revenue was negative: −$2,552. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 349 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
92.1%94.2%
Management & general
Part IX 25(C) ÷ 25(A)
3.3%3.1%
Fundraising
Part IX 25(D) ÷ 25(A)
4.6%2.3%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
95.7%96.4%
Government grants share of revenue
Part VIII 1e ÷ 12
3.1%10.5%
Program service revenue share
Part VIII 2g ÷ 12
3.8%1.3%
Highest reported compensation
Part VII-A, columns D–F
$319,520$213,323
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.50%0.61%
People paid over $100,000
Part VII, line 2
73
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.26.6
Independent voting board members
Part VI 1a–1b
21 of 21100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$59M expenses · 100.0% of program spending · grants $2.0M · revenue $2.5M

To procure, warehouse, and facilitate the distribution of donated foods and other products to qualified organizations which serve people in need

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 50.00 hrs/week
$283,510$0$36,010$319,520
VICE PRESIDENT AND COO
Officer, 50.00 hrs/week
$177,250$0$21,318$198,568
VICE PRESIDENT, DEVELOPMEN
Key employee, 50.00 hrs/week
$150,486$0$26,161$176,647
VICE PRESIDENT, OPERATIONS
Highest compensated employee, 50.00 hrs/week
$134,895$0$12,581$147,476
VICE PRESIDENT, HUMAN RESO
Highest compensated employee, 50.00 hrs/week
$113,233$0$13,994$127,227
VICE PRESIDENT, MKT AND CO
Highest compensated employee, 50.00 hrs/week
$116,908$0$8,440$125,348
GIFT AND ESTATE PLANNING OFFICER
Highest compensated employee, 50.00 hrs/week
$102,490$0$1,217$103,707

7 people received more than $100,000 in reportable compensation from Akron-Canton Regional Foodbank (Part VII, line 2). Compensation of current officers, directors and key employees totaled $518K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$66M$65M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$66M$65M92.1%$44M$319,520
2023 ⓘ$62M$60M92.5%$42M$333,091
2022 ⓘ$51M$49M92.0%$38M$284,449
2021 ⓘ$52M$48M93.0%$37M$275,264
2020 ⓘ$65M$55M94.0%$31M$262,793
2019 ⓘ$56M$48M92.5%$19M$262,198

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5111
  • Volunteers Part I, line 610,888

Private foundation grants it received

81 private foundations reported grants to Akron-Canton Regional Foodbank totaling $1.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Akron-Canton Regional Foodbank's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Akron-Canton Regional Foodbank, you can publish a response that is linked from this page.

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Questions people ask

How much of Akron-Canton Regional Foodbank's spending goes to programs?

In calendar year 2024, Akron-Canton Regional Foodbank reported that 92.1% of its $64.5 million in expenses went to program services, 3.3% to management and general and 4.6% to fundraising (Form 990, Part IX).

How much does Akron-Canton Regional Foodbank pay its top executive?

The largest total compensation Akron-Canton Regional Foodbank reported for one person in calendar year 2024 was $319,520, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Akron-Canton Regional Foodbank get its money?

Of $65.7 million in revenue in calendar year 2024, 95.7% came from contributions and grants (including 3.1% from government grants) and 3.8% from program service revenue (Form 990, Part VIII).

Is Akron-Canton Regional Foodbank a registered charity?

The IRS lists EIN 34-1369388 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202532689349301038 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202403209349316430 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343119349304019 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203139349304815 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103199349307455 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202022909349300307 · read the filing

All filings for EIN 34-1369388: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.