Quick charity verification for Regional Food Bank Of N E Ny Inc (EIN: 222470885)
Verdict: Regional Food Bank Of N E Ny Inc appears trustworthy
85/100Mission Score
$145.4MRevenue
$71.6MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Exceptional revenue growth, increasing from $17.16M in 2019 to $104.15M in 2023, demonstrating strong donor support and operational expansion.
High program spending, with 88% of expenses dedicated to programs in 2023, indicating efficient use of funds for its mission.
Healthy asset growth, with total assets increasing from $19.55M in 2019 to $60.68M in 2023, strengthening long-term sustainability.
Low fundraising costs, consistently maintaining a small percentage of total expenses, reflecting efficient fundraising practices.
AI Transparency Report
Regional Food Bank Of N E Ny Inc is a food, agriculture & nutrition nonprofit based in Latham, New York, with reported revenue of $145.4M and assets of $71.6M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 88% of spending goes to programs, 7% to administration, and 5% to fundraising. Executive compensation appears reasonable given the organization's size and revenue, with the highest reported compensation for an officer, director, or trustee being $220,000 in 2023, which is 0.21% of total expenses. Revenue has grown +643% across 13 filing periods.