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New Mexico · Nonprofit

THE FOOD DEPOT

THE FOOD DEPOT (New Mexico) receives grants from 218 organizations whose IRS filings report $12,874,562 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,989,753). 127 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$23M
Funders on record
218
Grants received
$13M
Net assets
$19M
127/218 repeat funderspeak grant-dependency 10%
01What it does

What The Food Depot does

Mission

The Food Depot fosters healthy communities by engaging a network of partners and developing solutions to create a hunger-free new mexico.

As stated on its FY2025 Form 990.

Programs

  1. The Food Depot fosters healthy communities by engaging a network of partners and developing long-term solutions for a healthy, hunger-free northern new mexico. As the food bank for nine counties, The Food Depot provides hunger relief to an average of 43,000 individuals experiencing food insecurity each month. The Food Depot offers groceries and resources to persons experiencing food insecurity through strategic food bank programs and a network of 85 nonprofit hunger relief partners. Overall, The Food Depot distributes to 150 locations across nine counties: colfax, harding, los alamos, mora, rio arriba, san miguel, santa fe, taos, and union. Throughout the year, The Food Depot provided an estimated 681,144 meals each month to people. Clients include children, seniors, individuals, and working families. The Food Depot's staff and volunteers operate food bank programs to address food insecurity in northern new mexico, including: casita de comida, diaper depot, food mobile, The Food Depot pantry, food 4 kids, food 4 pets, and mobile food pantries. To serve the needs of its partners and food bank programs, The Food Depot acts as a food rescue organization, partnering with stores to…

    $13,988,328 spent$279,272 earned by the program
    67% of program spending
  2. Mobile food pantries serve communities in rural northern new mexico where the majority of families live in a "food desert." food deserts are areas where there is little or no access to a full-service grocery store that offers the fresh and affordable food necessary to maintain a healthy diet. Each mobile food pantry takes place monthly at a community hub such as a church, community center, senior center, or fire station. The Food Depot delivers the food each month to the site community volunteers work to distribute food directly to those in need on the day of delivery. There is no need for long-term storage. Mobile food pantries reach communities that do not have the resources to set up their own food pantries and encourages the development of community ownership for food distribution. In fy 2025, The Food Depot's mobile food pantries served 16 different rural communities and provided more than 1,222,705 pounds of food, equivalent to over 1,018,921 meals. Mobile food pantries reached 3,406 new mexicans in 1,486 households experiencing food insecurity each month, with a total of 18,155 service instances. In july 2021, The Food Depot launched the food mobile program. This program…

    $3,943,865 spent
    19% of program spending
  3. The Food Depot pantries in 2020, The Food Depot took ownership of the distribution on siler road mangaged by the nonprofit feeding santa fe. The distribution became known as The Food Depot pantry at siler, or The Food Depot pantry. In fy 2025, there are three pantry locations: santa fe (siler road), los alamos, and mora. Santa fe distributes twice each month. Mora and los alamos distribute once each month. The Food Depot pantry at los alamos is a usda commodities distribution; however, mora and santa fe are non-commodity locations. All aspects of a pantry are organized by food bank staff and volunteers. The Food Depot pantries are drive-thru distributions that serve over 100 households. Distributions are available to the general publicc. Each household can expect to receive approximately 60 pounds of food at each distribution. In fy 2025, the The Food Depot pantry program distributed 1,291,693 pounds of food, equivalent to 1,076,411 meals. The Food Depot pantry at siler served 556 households each month, or 2,318 individuals. The Food Depot pantry at los alamos served 156 households, or 369 individuals each month and mora served 134 households, or 268 individuals. Together, the…

    $3,049,416 spent
    15% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $20,981,609.

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 ($13M) Expenses 100 ($13M) Net assets 100 ($7.0M)2019 Revenue 122 ($16M) Expenses 117 ($15M) Net assets 112 ($7.8M)2020 Revenue 157 ($20M) Expenses 132 ($17M) Net assets 156 ($11M)2021 Revenue 198 ($25M) Expenses 173 ($22M) Net assets 200 ($14M)2022 Revenue 174 ($22M) Expenses 166 ($22M) Net assets 202 ($14M)2023 Revenue 179 ($23M) Expenses 172 ($22M) Net assets 211 ($15M)2024 Revenue 176 ($22M) Expenses 146 ($19M) Net assets 260 ($18M)2025 Revenue 184 ($23M) Expenses 176 ($23M) Net assets 269 ($19M)
'17'19'20'21'22'23'24'25
Revenue (184)Expenses (176)Net assets (269)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 2023 to 2024, from $15M to $19M (+26%).

$7.2M
$8.0M
$11M
$14M
$15M
$15M
$19M
$21M
'17'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 17% · 2019 19% · 2020 23% · 2021 31% · 2022 24% · 2023 27% · 2024 37% · 2025 20%. Grants only. Government contracts and fees sit inside program revenue.

96% of THE FOOD DEPOT’s revenue is contributions — more reliant on donations than three-quarters of its peers (21% for the typical peer).

This organization
Typical peer · 3,405 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

−$205k
’17
$426k
’19
$3.0M
’20
$2.9M
’21
$645k
’22
$626k
’23
$3.4M
’24
$608k
’25
2.2
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.

'17'19'20'21'22'23'24'25
Listed1516182019242423
Joined··+3+3+1+9+1+3
No longer listed··112414
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 40 funders to 81 funders, grant income rose $384k → $1.5M.

37 of 218 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE FOOD DEPOT’s funders (the co-funder graph). Top 30 of 218 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

THE FOOD DEPOT has a broad base — no single funder exceeds 15% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

62% 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 THE FOOD DEPOT.

15%
largest funder
37%
top three
~17
effective funders

Largest funder’s share by year: 2017 26% · 2018 23% · 2019 24% · 2020 22% · 2021 16% · 2022 12% · 2023 14% — diversifying over time.

“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

47% of THE FOOD DEPOT's funders are still giving 3 years after their first grant; 58% 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

50% of THE FOOD DEPOT's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $6.4M that is directly attributable, 65% of it comes from funders outside New Mexico, across 35 states.

NH
WA
MN
IL
WI
MI
NY
MA
NV
IA
IN
OH
PA
NJ
CT
CA
UT
CO
NE
MO
VA
MD
DE
AZ
NM
KS
AR
NC
DC
OK
LA
AL
GA
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
New Mexico out of state home

Funder states come from each funder’s own filing. $6.5M arriving through sponsors registered in 20 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

THE FOOD DEPOT is better cushioned than half of the 2,396 human services nonprofits its size.

Operating margin3% · below the median
Months of reserve2.2mo · above the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 2,396 human services nonprofits $10M–$100M, FY2025

Government funding THE FOOD DEPOT receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $84k on record — $84k federal, $300 state.

Federal$84k
grants $84kcontracts $0
Top agencies
  • Department of Agriculture$84k
State$300
Top programs
  • REFUNDS - GENERAL $300

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 THE FOOD DEPOT

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 New Mexico

Nationally

05Profile & governance

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

Where the money goes

92% of spending goes to programs.

Program 92%Management 5%Fundraising 3%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

99%

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

Footprint & structure

Files a return copy in 1 state

NM

Screen this organization

A dated, signed PDF of the compliance screen for THE FOOD DEPOT: 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.

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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 THE FOOD DEPOT?
THE FOOD DEPOT (New Mexico) receives grants from 218 organizations whose IRS filings report $12,874,562 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,989,753). 127 of them have funded it in more than one year, and 50% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE FOOD DEPOT have?
IRS filings report 218 organizations giving $12,874,562 in grants to THE FOOD DEPOT, 127 of which have funded it in more than one year.
Who is the largest funder of THE FOOD DEPOT?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,989,753 in grants. The full list of funders is on this page.
How can an organization like THE FOOD DEPOT find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. 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 218 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 22, 2026. What this page cannot tell you · view filing