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North Carolina · Nonprofit

FOOD BANK OF THE ALBEMARLE

FOOD BANK OF THE ALBEMARLE (North Carolina) receives grants from 53 organizations whose IRS filings report $10,470,929 to it, the largest being Feeding America ($4,096,422). 24 of them have funded it in more than one year.

Revenue FY2025
$16M
Funders on record
53
Grants received
$10M
Net assets
$10M
24/53 repeat funderspeak grant-dependency 24%
01What it does

What Food Bank of the Albemarle does

Mission

To fight hunger and poverty in northeastern north carolina.

As stated on its FY2025 Form 990.

Programs

  1. Since 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 need receive food, we deliver to the most remote locations every month. The counties the Food Bank of the Albemarle serves are: berite, beaufort, camden, chowan, currituck, dare, gates, hertford, hyde, martin, northampton, pasquotank, perquimans, tyrrell and washington county. These diverse communities also have diverse needs. The common issue is lack of affordable housing, lack of public transportation and stagnant wage growth are pervasive, resulting in a growing need for food for over 46,440 people living throughout our region. In nenc, 1 in 6 people and 1 in 4 children live with food…

    $6,396,465 spent$7,109,494 earned by the program
    43% of program spending
  2. 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 carolina comprised of bertie, beaufort, camden, chowan, currituck, dare, gates, hertford, martin, northhampton, pasquotank, perquimans, tyrrell and washington, living below 135% of poverty.

    $3,092,355 spent$2,985,549 earned by the program
    21% of program spending
  3. 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.

    $1,928,005 spent$1,000,000 earned by the program
    13% of program spending
  4. All other accomplishments the remaining allocation and program service expenses were incurred to distribute donated and purchased food and support the operations of the food bank and food pantry.

    $3,625,533 spentof which $181,217 as grants
    24% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $15,042,358.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($10M) Expenses 100 ($10M) Net assets 100 ($981k)2018 Revenue 95 ($9.5M) Expenses 92 ($9.5M) Net assets 101 ($988k)2019 Revenue 105 ($10M) Expenses 103 ($11M) Net assets 95 ($932k)2020 Revenue 143 ($14M) Expenses 120 ($12M) Net assets 294 ($2.9M)2021 Revenue 207 ($21M) Expenses 148 ($15M) Net assets 854 ($8.4M)2022 Revenue 170 ($17M) Expenses 167 ($17M) Net assets 839 ($8.2M)2023 Revenue 166 ($17M) Expenses 142 ($15M) Net assets 1040 ($10M)2024 Revenue 177 ($18M) Expenses 169 ($17M) Net assets 1077 ($11M)2025 Revenue 158 ($16M) Expenses 156 ($16M) Net assets 1051 ($10M)
'17'18'19'20'21'22'23'24'25
Revenue (158)Expenses (156)Net assets (1051)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $4.1M to $9.6M (+135%).

$1.3M
$1.3M
$1.4M
$4.1M
$9.6M
$8.5M
$10M
$11M
$11M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 21% · 2018 22% · 2019 31% · 2020 47% · 2021 53% · 2022 34% · 2023 47% · 2024 39% · 2025 37%. Grants only. Government contracts and fees sit inside program revenue.

94% of FOOD BANK OF THE ALBEMARLE’s revenue is contributions — about as donation-reliant as the typical peer (96% for the typical peer).

This organization
Typical peer · 274 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$283k
’17
$8k
’18
−$56k
’19
$1.9M
’20
$5.5M
’21
−$155k
’22
$2.0M
’23
$364k
’24
−$250k
’25
1.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed131312131213151620
Joined·+3+3+2+0+5+6+3+6
No longer listed·34114422
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 13 funders, grant income rose $176k → $669k.

9 of 53 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $270k from one payer (the payer shares this organization's board, largest Albemarle Area United Way); $32k from one payer (the same organization on both sides, largest Food Bank of the Albemarle). These are real filings, and they are not money FOOD BANK OF THE ALBEMARLE raised.

From the IRS filings of FOOD BANK OF THE ALBEMARLE’s funders (the co-funder graph). Top 30 of 53 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FOOD BANK OF THE ALBEMARLE leans on a few funders — its largest provides 39% of grant income and the top three 73%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FOOD BANK OF THE ALBEMARLE.

39%
largest funder
73%
top three
~4
effective funders

Largest funder’s share by year: 2017 63% · 2018 69% · 2019 54% · 2020 62% · 2021 61% · 2022 42% · 2023 61% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

42% of FOOD BANK OF THE ALBEMARLE's funders are still giving 3 years after their first grant; 45% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

FOOD BANK OF THE ALBEMARLE draws 81% of its grant income from funders outside North Carolina, across 8 states in all.

IL
NY
PA
NJ
VA
DE
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $3.6M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FOOD BANK OF THE ALBEMARLE's funding base is broadening — from 8 funders to 13 as grant income climbed.

Operating margin−2% · bottom quartile
Months of reserve1.0mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 191 food & nutrition nonprofits $10M–$100M, FY2025

Government funding FOOD BANK OF THE ALBEMARLE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $20k on record.

Federal$20k
grants $20kcontracts $0
Top agencies
  • Corporation for National and Community Service$20k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like FOOD BANK OF THE ALBEMARLE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 3%Fundraising 3%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for FOOD BANK OF THE ALBEMARLE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FOOD BANK OF THE ALBEMARLE?
FOOD BANK OF THE ALBEMARLE (North Carolina) receives grants from 53 organizations whose IRS filings report $10,470,929 to it, the largest being Feeding America ($4,096,422). 24 of them have funded it in more than one year.
How many funders does FOOD BANK OF THE ALBEMARLE have?
IRS filings report 53 organizations giving $10,470,929 in grants to FOOD BANK OF THE ALBEMARLE, 24 of which have funded it in more than one year.
Who is the largest funder of FOOD BANK OF THE ALBEMARLE?
Feeding America is the largest funder on record, with $4,096,422 in grants. The full list of funders is on this page.
How can an organization like FOOD BANK OF THE ALBEMARLE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 53 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing