Overview

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Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Food Bank of the Albemarle, with EIN 56-1341658, is dedicated to fighting hunger and poverty in northeastern North Carolina. Operating with a budget of $16.9 million and generating total revenue of $17.7 million in the 2024 filing year, the organization focuses on nutrition, food banks, food aid, and food security. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at https://afoodbank.org/.

Mission Statement

TO FIGHT HUNGER AND POVERTY IN NORTHEASTERN NORTH CAROLINA.
Revenues
$17.7M
Expenses
$17.3M
Net Income:
+$363.8K
Assets
$11.1M
Liabilities
$574.9K
Net Assets:
+$10.6M
Operating Budget
$16.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
16
Median grant size
$45K
Largest grant received
$299.9K
E
Elizabeth Reasoner
Board Member
K
Kahla Hall
Board Member
J
Jennifer Purcell
Board Member

Frequently Asked Questions

What is FOOD BANK OF THE ALBEMARLE’s budget?
In 2024, FOOD BANK OF THE ALBEMARLE reported an annual operating budget of around $16.9 million. More detailed financial information is available to registered users.
What causes does FOOD BANK OF THE ALBEMARLE support?
FOOD BANK OF THE ALBEMARLE supports work in Food security, Nutrition, Food aid, and Food banks.
Where does FOOD BANK OF THE ALBEMARLE operate?
FOOD BANK OF THE ALBEMARLE is headquartered in ELIZABETH CITY, NC.
Who funded FOOD BANK OF THE ALBEMARLE recently?
In 2025, FOOD BANK OF THE ALBEMARLE received grants from ALBEMARLE AREA UNITED WAY, Feeding America, and ALBEMARLE AREA UNITED WAY. More information on this organization’s funders is available to registered users.
What is the largest grant FOOD BANK OF THE ALBEMARLE received in 2024?
The largest grant to FOOD BANK OF THE ALBEMARLE in 2024 exceeds $300 thousand.
What is FOOD BANK OF THE ALBEMARLE’s reliance on government grants?
FOOD BANK OF THE ALBEMARLE relied on government grants for more than 35% of their total revenue in 2024.