FOOD BANK OF IOWA

Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$50,819,284
Contributions
76%
Government Grants
19%
Program Services
3%
Investments
1%
Other
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$51,086,704
Other
83%
Salaries & Benefits
10%
Depreciation
2%
Advertising & Promotion
2%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$39,060,984
$38,625,229
-1%
Government Grants
$9,656,273
$9,412,051
-3%
Fundraising Events
$59,763
$0
-100%
Program Services
$2,092,748
$1,510,669
-28%
Membership Dues
$0
$0
-
Investments
$655,695
$676,312
+3%
Other
-$121,273
$595,023
-591%
Total Revenues
$51,404,190
$50,819,284
-1%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,481,232
$5,321,187
+19%
Fees to Service Providers
$291,925
$487,721
+67%
Advertising & Promotion
$1,140,076
$804,362
-29%
Offices, Occupancy & IT
$712,896
$783,541
+10%
Interest
$0
$0
-
Depreciation
$1,018,311
$1,059,540
+4%
Other
$40,980,430
$42,630,353
+4%
Total Expenses
$48,624,870
$51,086,704
+5%
Net income
2024
2025
Change
Net income
+$2,779,320
-$267,420
-110%
Functional Expenses
Summary
2024
2025
Change
Program
$46,904,189
$49,207,902
+5%
Admin
$509,730
$666,870
+31%
Fundraising
$1,210,951
$1,211,932
+0%
Total Expenses
$48,624,870
$51,086,704
+5%
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