FOODBANK OF SOUTHEASTERN VIRGINIA
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$60,852,382
Contributions
91%
Government Grants
4%
Other
2%
Investments
<1%
Fundraising Events
<1%
Program Services
<1%
Membership Dues
0%
Expenses in 2025
$53,669,948
Grants
77%
Other
10%
Salaries & Benefits
9%
Fees to Service Providers
2%
Depreciation
1%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$48,344,399
$55,337,875
+14%
Government Grants
$4,756,133
$2,557,178
-46%
Fundraising Events
$1,368,699
$595,217
-57%
Program Services
$455,721
$559,790
+23%
Membership Dues
$0
$0
-
Investments
$343,124
$599,873
+75%
Other
$796,517
$1,202,449
+51%
Total Revenues
$56,064,593
$60,852,382
+9%
Expenses
2024
2025
Change
Grants
$38,978,946
$41,353,506
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,060,849
$4,900,732
-3%
Fees to Service Providers
$483,032
$820,719
+70%
Advertising & Promotion
$15,453
$24,311
+57%
Offices, Occupancy & IT
$687,774
$681,088
-1%
Interest
$131
$77
-41%
Depreciation
$814,900
$775,382
-5%
Other
$8,130,537
$5,114,133
-37%
Total Expenses
$54,171,622
$53,669,948
-1%
Net income
2024
2025
Change
Net income
+$1,892,971
+$7,182,434
+279%
Functional Expenses
Summary
2024
2025
Change
Program
$51,278,908
$50,756,849
-1%
Admin
$1,207,662
$1,263,799
+5%
Fundraising
$1,685,052
$1,649,300
-2%
Total Expenses
$54,171,622
$53,669,948
-1%
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