GREATER BOSTON FOOD BANK INC
GREATER BOSTON FOOD BANK INC
GREATER BOSTON FOOD BANK INC
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2025
$179,230,226
Contributions
56%
Government Grants
37%
Program Services
4%
Fundraising Events
1%
Investments
1%
Other
<1%
Membership Dues
0%
Expenses in 2025
$169,439,269
Grants
83%
Salaries & Benefits
9%
Offices, Occupancy & IT
3%
Other
2%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$92,012,135
$100,893,519
+10%
Government Grants
$69,665,903
$66,259,551
-5%
Fundraising Events
$822,973
$1,943,922
+136%
Program Services
$6,448,850
$7,597,419
+18%
Membership Dues
$0
$0
-
Investments
$3,692,157
$1,941,152
-47%
Other
$807,147
$594,663
-26%
Total Revenues
$173,449,165
$179,230,226
+3%
Expenses
2024
2025
Change
Grants
$137,404,263
$140,661,187
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$14,434,718
$15,605,484
+8%
Fees to Service Providers
$3,190,792
$2,757,788
-14%
Advertising & Promotion
$1,551,068
$1,293,938
-17%
Offices, Occupancy & IT
$4,292,861
$5,164,667
+20%
Interest
$0
$0
-
Depreciation
$667,005
$830,165
+24%
Other
$4,221,983
$3,126,040
-26%
Total Expenses
$165,762,690
$169,439,269
+2%
Net income
2024
2025
Change
Net income
+$7,686,475
+$9,790,957
+27%
Functional Expenses
Summary
2024
2025
Change
Program
$152,327,383
$155,136,150
+2%
Admin
$7,255,209
$6,695,165
-8%
Fundraising
$6,180,098
$7,607,954
+23%
Total Expenses
$165,762,690
$169,439,269
+2%
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