Food Bank Of Central & Eastern North Carolina Inc

Organization Overview

Food Bank Of Central & Eastern North Carolina Inc is located in Raleigh, NC. The organization was established in 1981. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Food Bank Of Central & Eastern North Carolina Inc employed 163 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of Central & Eastern North Carolina Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Food Bank Of Central & Eastern North Carolina Inc generated $216.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $208.4m during the year ending 06/2022. While expenses have increased by 8.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Food Bank Of Central & Eastern North Carolina Inc has awarded 3,244 individual grants totaling $782,212,415. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ESTABLISHED IN 1980, THE FOOD BANK IS A NONPROFIT ORGANIZATION THAT HAS PROVIDED FOOD FOR PEOPLE AT RISK OF HUNGER IN CENTRAL AND EASTERN NORTH CAROLINA FOR MORE THAN 40 YEARS. THE FOOD BANK SERVES A NETWORK OF MORE THAN 700 PARTNER AGENCIES SUCH AS SOUP KITCHENS, FOOD PANTRIES, SHELTERS, AND PROGRAMS FOR CHILDREN AND ADULTS THROUGH DISTRIBUTION CENTERS IN DURHAM, GREENVILLE, NEW BERN, RALEIGH, THE SANDHILLS (SOUTHERN PINES) AND WILMINGTON.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE FISCAL YEAR ENDED JUNE 30, 2022, THE FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA DISTRIBUTED 81.5 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 FEED THOUSANDS OF CHILDREN, SENIORS, FAMILIES, AND INDIVIDUALS IN NEED.


THE FOOD BANK OF CENTRAL AND 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 20 MILLION POUNDS OF FOOD FROM LOCAL RETAIL STORES, A RECORD FOR THE ORGANIZATION.


THROUGH OUR YEAR-ROUND OPERATION OF THE FEDERAL NUTRITION PROGRAM FOR SENIORS, THE COMMODITIES SUPPLEMENTAL FOOD PROGRAM, PROVIDED SLIGHTLY OVER 8,000 BOXES OF FOOD A MONTH IN 33 OF OUR 34 COUNTIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rkd Alpha Dog
Fundraising Services
$1,368,826
Landstar Inway Inc
Transportation Services
$875,268
Ryder Transportation
Transportation Services
$738,456
Ef Fbo Epic Labor Inc
Staffing
$492,554
Transource
Transportation Services
$342,806
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$167,005
Related organizations$0
Government grants $6,516,003
All other contributions, gifts, grants, and similar amounts not included above$208,412,252
Noncash contributions included in lines 1a–1f $179,718,740
Total Revenue from Contributions, Gifts, Grants & Similar$215,095,260
Total Program Service Revenue$796,962
Investment income $248,225
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$52,366
Net Income from Fundraising Events -$24,531
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $216,066,903

Grants Awarded

Over the last fiscal year, Food Bank Of Central & Eastern North Carolina Inc has awarded $172,839,547 in support to 797 organizations.

Grant RecipientAmount

GOOD NEWS BUENAS NUEVAS

PURPOSE: FIGHT HUNGER

$5,296,267

HEAVENS GATE MINISTRY

Org PageRecipient Profile

Four Oaks, NC

PURPOSE: FIGHT HUNGER

$3,002,800

TARBORO COMMUNITY OUTREACH

Org PageRecipient Profile

Tarboro, NC

PURPOSE: FIGHT HUNGER

$2,739,760

GRIFTON MISSION MINISTRIES

PURPOSE: FIGHT HUNGER

$2,404,108

RECRUITERS FOR CHRIST CHURCH

PURPOSE: FIGHT HUNGER

$2,245,822

THREE IN ONE FAMILY CENTER

Org PageRecipient Profile

Goldsboro, NC

PURPOSE: FIGHT HUNGER

$2,146,727
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Food Bank Of Central & Eastern North Carolina Inc has recieved totaling $1,701,516.

Awarding OrganizationAmount
The Society Of Saint Andrew Inc

Big Island, VA

PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS

$1,671,516
Landfall Foundation Inc

Wilmington, NC

PURPOSE: Charitable Support

$30,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$132,134
Ending Balance$132,134

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