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Food Bank of the Albemarle
Food Bank of the Albemarle reported $15.8 million in revenue and $16.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.92 went to program services, $2.95 to management and general costs and $3.13 to fundraising. Its largest source of revenue was contributions and grants: 94.4% of the total. Government grants made up 37.3%. The highest compensation it reported for one person was $114,253 (EXECUTIVE DI). 1 person received more than $100,000 in reportable compensation. Revenue rose 10% 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 $16MFor 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 $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.9% | 94.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.0% | 3.1% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.1% | 2.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 94.4% | 96.4% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 37.3% | 10.5% |
| Program service revenue share Part VIII 2g ÷ 12 | 3.6% | 1.3% |
| Highest reported compensation Part VII-A, columns D–F | $114,253 | $213,323 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.71% | 0.61% |
| People paid over $100,000 Part VII, line 2 | 1 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 7.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
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 expenseSince inception in 1982, the Food Bank of the albemarle has distributed more than 128,500,000 million pounds of food equating to more than 107,000,000 million meals. The Food Bank of the albemarle serves as the central food sourcing and distribution center to more than 111 hunger relief partners operating 143 programs providing food assistance benefit to the hungry in 15 counties throughout northeastern north carolina. Our region emcompasses more than 9,100 square miles with most of our communities in rural underserved locations with high food insecurity. Therefore to ensure that those in…
Usda commodity program, the emergency food assistance program (tefap), administered by the Food Bank distributed 1,719,920 pounds of tefap food to more than 5,900 households each month in 14 counties in northeastern north carolina comprised of bertie, beaufort, camden, chowan, currituck, dare, gates, hertford, hyde, martin, northhampton, pasquotank, perquimans, and tyrrell counties. The usda commodity program - commodity supplemental food program (csfp) administered by the Food Bank distributed 1,170,170 pounds of csfp food to 2,744 seniors households in 15 counties in northeast north…
The Food Bank of the albemarle purchased 1,076,353 pounds of nutritious food, equivalent to 896,960 meals for families, seniors, and veterans that depend on the 136 hunger relief programs providing food assistance
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DI Director/trustee, officer, 55.00 hrs/week | $114,253 | $0 | $0 | $114,253 |
1 people received more than $100,000 in reportable compensation from Food Bank of the Albemarle (Part VII, line 2). Compensation of current officers, directors and key employees totaled $114K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b14 · 14 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 11aNo
- 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 565
- Volunteers Part I, line 6886
Private foundation grants it received
7 private foundations reported grants to Food Bank of the Albemarle totaling $117K 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 the Albemarle'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 the Albemarle, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Food Bank of the Albemarle spent in FY2025, $93.92 went to programs. The full breakdown, from its IRS Form 990:
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All food, agriculture & nutrition charities · Largest charities in North Carolina
Questions people ask
How much of Food Bank of the Albemarle's spending goes to programs?
In the fiscal year ending June 30, 2025, Food Bank of the Albemarle reported that 93.9% of its $16.0 million in expenses went to program services, 3.0% to management and general and 3.1% to fundraising (Form 990, Part IX).
How much does Food Bank of the Albemarle pay its top executive?
The largest total compensation Food Bank of the Albemarle reported for one person in the fiscal year ending June 30, 2025 was $114,253, for the role of EXECUTIVE DI (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Food Bank of the Albemarle get its money?
Of $15.8 million in revenue in the fiscal year ending June 30, 2025, 94.4% came from contributions and grants (including 37.3% from government grants) and 3.6% from program service revenue (Form 990, Part VIII).
Is Food Bank of the Albemarle a registered charity?
The IRS lists EIN 56-1341658 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202611339349300746 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349301345 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431349349307948 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349309450 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200569349300615 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120409349300717 · read the filing
All filings for EIN 56-1341658: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.