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Food Bank of Central & Eastern Nc

Raleigh, NC · EIN 56-1283426 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Food Bank of Central & Eastern Nc reported $247.2 million in revenue and $249.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $95.74 went to program services, $1.92 to management and general costs and $2.34 to fundraising. Its largest source of revenue was contributions and grants: 98.3% of the total. Government grants made up 18.9%. The highest compensation it reported for one person was $319,648 (FORMER CHIEF EXECUTIVE OFFICER). 16 people received more than $100,000 in reportable compensation. Revenue rose 46% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $249M

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

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $247M

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

FY2025 filing. Median across 349 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
95.7%94.2%
Management & general
Part IX 25(C) ÷ 25(A)
1.9%3.1%
Fundraising
Part IX 25(D) ÷ 25(A)
2.3%2.3%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
98.3%96.4%
Government grants share of revenue
Part VIII 1e ÷ 12
18.9%10.5%
Program service revenue share
Part VIII 2g ÷ 12
0.7%1.3%
Highest reported compensation
Part VII-A, columns D–F
$319,648$213,323
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.13%0.61%
People paid over $100,000
Part VII, line 2
163
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.76.6
Independent voting board members
Part VI 1a–1b
22 of 22100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$186M expenses · 77.7% of program spending · grants $160M · revenue $1.8M

Last fiscal year, the Food Bank of Central & Eastern north carolina distributed upwards of 95 million meals worth of food to approximately 700 partner agencies across Central and Eastern nc. This distribution would not have been possible without our dedicated and compassionate community of staff, volunteers, donors, advocates, and corporate partners. For more than 40 years, this is how we've helped nourish thousands of our neighbors including individuals, families, children, and seniors

$46M expenses · 19.1% of program spending · grants $45M

The Food Bank of Central & Eastern north carolina's retail donation program rescued and distributed more food than ever before, ensuring less food in our landfills and more meals for families in need. Through this program, our partner agencies picked up approximately 24 million pounds of food from local retail stores, a record for the organization

$7.7M expenses · 3.2% of program spending · grants $6.8M

Through our year-round operation of the federal nutrition program for seniors, the commodities supplemental food program, we provided over 8,750 boxes of food a month in all of our 34 counties

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
FORMER CHIEF EXECUTIVE OFFICER
Former, 40.00 hrs/week
$300,640$0$19,008$319,648
INTERIM CO-CEO (7/15/24-1/26/25)
Officer, 40.00 hrs/week
$268,238$0$29,485$297,723
INTERIM CO-CEO (TO 1/26/25) & COO
Officer, 40.00 hrs/week
$220,409$0$27,044$247,453
FORMER CHIEF PEOPLE OFFICER
Former, 40.00 hrs/week
$200,798$0$16,237$217,035
CDO (7/1/24 - 3/19/25)
Key employee, 40.00 hrs/week
$180,261$0$21,708$201,969
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$164,762$0$22,831$187,593
CHIEF COMMUNITY IMPACT OFFICER
Key employee, 40.00 hrs/week
$155,760$0$24,833$180,593
VP OF COMMUNITY HEALTH & ENGAGEMENT (7/1/24-6/10/2
Highest compensated employee, 40.00 hrs/week
$144,044$0$23,577$167,621

16 people received more than $100,000 in reportable compensation from Food Bank of Central & Eastern Nc (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (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$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$247M$249M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$247M$249M95.7%$98M$319,648
FY2024 ⓘ$234M$239M96.2%$98M$304,404
FY2023 ⓘ$232M$222M96.1%$101M$257,266
FY2022 ⓘ$216M$208M96.6%$89M$286,609
FY2021 ⓘ$311M$268M97.8%$83M$230,255
FY2020 ⓘ$169M$155M96.6%$40M$215,377

Governance answers, as filed

FY2025 · 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–1b22 · 22 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 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5225
  • Volunteers Part I, line 657,912

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
RKD GROUP
Fundraising services
$1,872,411
EMPOWER RETIREMENT SERVICES
Financial
$1,569,125
LANDSTAR INWAY INC
Transportation services
$997,150
O'CONNOR CO OF NC INC
Construction
$476,397

Individuals listed as contractors are left out. 24 contractors were paid more than $100,000 in all.

Private foundation grants it received

99 private foundations reported grants to Food Bank of Central & Eastern Nc totaling $1.9M 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 Food Bank of Central & Eastern Nc's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Food Bank of Central & Eastern Nc, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All food, agriculture & nutrition charities · Largest charities in North Carolina

Questions people ask

How much of Food Bank of Central & Eastern Nc's spending goes to programs?

In the fiscal year ending June 30, 2025, Food Bank of Central & Eastern Nc reported that 95.7% of its $249.4 million in expenses went to program services, 1.9% to management and general and 2.3% to fundraising (Form 990, Part IX).

How much does Food Bank of Central & Eastern Nc pay its top executive?

The largest total compensation Food Bank of Central & Eastern Nc reported for one person in the fiscal year ending June 30, 2025 was $319,648, for the role of FORMER CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Food Bank of Central & Eastern Nc get its money?

Of $247.2 million in revenue in the fiscal year ending June 30, 2025, 98.3% came from contributions and grants (including 18.9% from government grants) and 0.7% from program service revenue (Form 990, Part VIII).

Is Food Bank of Central & Eastern Nc a registered charity?

The IRS lists EIN 56-1283426 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202513029349302406 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443189349308354 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202333189349308923 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300139349301400 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220289349300027 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110759349300126 · read the filing

All filings for EIN 56-1283426: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.