Food Bank Of Central New York
Food Bank Of Central New York: Strong Program Spending, but Transparency Lacking on Key Details
EIN: 222816988 · Syracuse, NY · NTEE: K31 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $47.2M |
| Total Expenses | $44.5M |
| Program Spending | 89% |
| CEO/Top Officer Pay | $180,176 |
| Net Assets | $27.4M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Food Bank Of Central New York Form 990, Revenue, CEO Pay, and IRS Filing Signals
Food Bank Of Central New York is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Food Bank Of Central New York in one place.
Form 990 Filing Summary
14 filing years are available, with latest revenue of $49.7M and expenses of $44.5M.
Revenue and Expenses
Food Bank Of Central New York reported $49.7M in revenue and $44.5M in expenses, a surplus of $5.3M.
Executive Compensation
Top officer compensation appears as $180,176 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Food Bank Of Central New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $39.6M (89%) |
Across stored filings, Food Bank Of Central New York shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 89% to programs | Excellent |
| Financial durability | Grade A | 14 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Category K context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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All Category K
Local and Sector Spokes
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Syracuse, NY nonprofitsCategory K in New York
Human Services in New York
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Keep the Investigation Moving
Food Bank Of Central New York directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Food Bank Of Central New York
Food Bank Of Central New York (EIN: 222816988) is a nonprofit organization based in Syracuse, NY, classified under NTEE code K31. The organization reported total revenue of $47.2M and total assets of $29.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food Bank Of Central New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Food Bank Of Central New York is a large nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $49.7M |
| Total Expenses | $44.5M |
| Surplus / Deficit | +$5.3M |
| Total Assets | $29.2M |
| Total Liabilities | $1.8M |
| Net Assets | $27.4M |
| Operating Margin | 10.6% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2024, Food Bank Of Central New York reported a surplus of $5.3M with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Food Bank Of Central New York's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +30.5% | +22.9% | +26.9% |
| 2023 | +6.4% | +3.8% | +10.4% |
| 2022 | -22.2% | -12.8% | +4.4% |
| 2021 | +18.8% | +16.5% | +16.7% |
| 2020 | +34.1% | +23.9% | +53.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Food Bank Of Central New York with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 89%
- fundraising: 6%
According to IRS 990 filings, Food Bank Of Central New York allocates its expenses as follows: admin: 5%, programs: 89%, fundraising: 6%. With 89% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.2%.
Executive Compensation Analysis
The CEO's compensation of $180,176 in 2024 appears reasonable given the organization's size and revenue of $49.7 million, representing less than 0.4% of total expenses.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Food Bank Of Central New York's IRS 990 filings:
- Lack of detailed program impact metrics beyond pounds of food distributed makes it difficult to fully assess effectiveness.
- The organization's website does not clearly outline the process for board member selection or term limits.
Strengths
The following positive indicators were identified for Food Bank Of Central New York:
- Consistently high program spending, with 89% of expenses dedicated to programs in 2024.
- Strong financial health with growing assets and consistent revenue streams.
- Clear mission focus on addressing food insecurity in Central New York.
- Low administrative and fundraising costs, indicating efficient operations.
Frequently Asked Questions about Food Bank Of Central New York
Is Food Bank Of Central New York a legitimate charity?
Food Bank Of Central New York (EIN: 222816988) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $47.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Food Bank Of Central New York spend its money?
Food Bank Of Central New York directs 89% of its spending to programs and services. Fundraising costs 6%. This exceeds the 65% industry benchmark.
Are donations to Food Bank Of Central New York tax-deductible?
Food Bank Of Central New York is registered as a tax-exempt nonprofit (EIN: 222816988). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Food Bank Of Central New York CEO make?
Food Bank Of Central New York's highest-compensated officer earns $180,176 annually. The organization reported $47.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Food Bank Of Central New York's spending goes to programs?
Food Bank Of Central New York directs 89% to programs, 6% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Food Bank Of Central New York compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Food Bank Of Central New York is above average for NTEE category K31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Food Bank Of Central New York located?
Food Bank Of Central New York is headquartered in Syracuse, New York and files with the IRS under EIN 222816988. It is classified under NTEE code K31.
How many years of IRS 990 filings does Food Bank Of Central New York have?
Food Bank Of Central New York has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $47.2M in total revenue.
What does Food Bank Of Central New York do?
Food Bank Of Central New York is a nonprofit organization in the Food, Agriculture & Nutrition sector, located in Syracuse, New York. It is classified under NTEE code K31.
How much revenue does Food Bank Of Central New York have?
Food Bank Of Central New York reported total revenue of $47,244,494. Based on 14 IRS 990 filings on record.
What are Food Bank Of Central New York's total assets?
Food Bank Of Central New York holds total assets of $29,073,035 as reported in IRS 990 filings.
Where is Food Bank Of Central New York located?
Food Bank Of Central New York is based in Syracuse, New York.
What is Food Bank Of Central New York's EIN?
Food Bank Of Central New York's Employer Identification Number (EIN) is 222816988. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Food Bank Of Central New York?
Food Bank Of Central New York is classified under NTEE code K31 (Food, Agriculture & Nutrition).
Is Food Bank Of Central New York a registered 501(c)(3)?
Yes, Food Bank Of Central New York is recognized as a tax-exempt organization by the IRS. EIN: 222816988.
Does Food Bank Of Central New York file IRS Form 990?
Yes, Food Bank Of Central New York has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Food Bank Of Central New York's revenue in 2024?
In the 202406 filing period, Food Bank Of Central New York reported total revenue of $49,740,998, total expenses of $44,452,932, and net assets of $29,167,649.
Is Food Bank Of Central New York's revenue growing or declining?
Food Bank Of Central New York's revenue is growing. Revenue went from $38,127,916 (202306) to $49,740,998 (202406), a +30.5% change. Based on 14 filings on record.
What is Food Bank Of Central New York's most recent 990 filing?
The most recent IRS Form 990 filing for Food Bank Of Central New York covers tax period 202406. It shows revenue of $49,740,998, expenses of $44,452,932, total assets of $29,167,649, and liabilities of $1,801,764.
How much does Food Bank Of Central New York spend on programs vs administration?
Based on IRS 990 analysis, Food Bank Of Central New York allocates approximately 89% of expenses to program services, 5% to administrative costs, and 6% to fundraising. This indicates strong program focus.
Is Food Bank Of Central New York a trustworthy charity?
Based on AI analysis of IRS 990 data, Food Bank Of Central New York appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Food Bank Of Central New York?
The following concerns were identified: Lack of detailed program impact metrics beyond pounds of food distributed makes it difficult to fully assess effectiveness.. The organization's website does not clearly outline the process for board member selection or term limits.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Food Bank Of Central New York's strengths?
Positive indicators for Food Bank Of Central New York include: Consistently high program spending, with 89% of expenses dedicated to programs in 2024.. Strong financial health with growing assets and consistent revenue streams.. Clear mission focus on addressing food insecurity in Central New York.. Low administrative and fundraising costs, indicating efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Food Bank Of Central New York compensate executives?
The CEO's compensation of $180,176 in 2024 appears reasonable given the organization's size and revenue of $49.7 million, representing less than 0.4% of total expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the Food Bank Of Central New York ensure equitable distribution of food resources across its service area, particularly to underserved communities?
While the filings show significant food distribution, the available data does not detail specific strategies or metrics for equitable distribution to various communities within their service area.
What specific initiatives or partnerships are in place to address the root causes of food insecurity, beyond direct food provision?
The provided data primarily focuses on financial metrics and food distribution. There is no explicit mention of programs or partnerships aimed at addressing the systemic causes of food insecurity, such as job training or advocacy.
Filing History
IRS 990 filing history for Food Bank Of Central New York showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Food Bank Of Central New York's revenue has grown by 192.5%, moving from $17.0M to $49.7M. Total assets increased by 224.3% over the same period, from $9.0M to $29.2M. Total functional expenses rose by 171.8%, from $16.4M to $44.5M. In its most recent filing year (2024), Food Bank Of Central New York reported a surplus of $5.3M, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $29.2M in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $27.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $49.7M | $44.5M | $29.2M | $1.8M | — | View 990 |
| 2023 | $38.1M | $36.2M | $23.0M | $1.0M | — | View 990 |
| 2022 | $35.8M | $34.9M | $20.8M | $840K | — | View 990 |
| 2021 | $46.1M | $40.0M | $19.9M | $898K | — | View 990 |
| 2020 | $38.8M | $34.3M | $17.1M | $4.2M | — | View 990 |
| 2019 | $28.9M | $27.7M | $11.1M | $2.7M | — | View 990 |
| 2018 | $26.7M | $26.5M | $9.9M | $2.8M | — | — |
| 2017 | $26.2M | $26.0M | $10.2M | $3.1M | — | View 990 |
| 2016 | $24.9M | $23.7M | $10.0M | $3.1M | — | View 990 |
| 2015 | $27.4M | $27.5M | $8.6M | $3.0M | — | View 990 |
| 2014 | $27.9M | $28.5M | $8.5M | $2.8M | — | View 990 |
| 2013 | $25.1M | $24.1M | $9.3M | $3.0M | — | View 990 |
| 2012 | $20.1M | $20.6M | $8.6M | $3.2M | — | View 990 |
| 2011 | $17.0M | $16.4M | $9.0M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $49.7M, expenses of $44.5M, and assets of $29.2M (revenue +30.5% year-over-year).
- 2023: Revenue of $38.1M, expenses of $36.2M, and assets of $23.0M (revenue +6.4% year-over-year).
- 2022: Revenue of $35.8M, expenses of $34.9M, and assets of $20.8M (revenue -22.2% year-over-year).
- 2021: Revenue of $46.1M, expenses of $40.0M, and assets of $19.9M (revenue +18.8% year-over-year).
- 2020: Revenue of $38.8M, expenses of $34.3M, and assets of $17.1M (revenue +34.1% year-over-year).
- 2019: Revenue of $28.9M, expenses of $27.7M, and assets of $11.1M (revenue +8.4% year-over-year).
- 2018: Revenue of $26.7M, expenses of $26.5M, and assets of $9.9M (revenue +1.6% year-over-year).
- 2017: Revenue of $26.2M, expenses of $26.0M, and assets of $10.2M (revenue +5.2% year-over-year).
- 2016: Revenue of $24.9M, expenses of $23.7M, and assets of $10.0M (revenue -9.0% year-over-year).
- 2015: Revenue of $27.4M, expenses of $27.5M, and assets of $8.6M (revenue -1.7% year-over-year).
- 2014: Revenue of $27.9M, expenses of $28.5M, and assets of $8.5M (revenue +11.0% year-over-year).
- 2013: Revenue of $25.1M, expenses of $24.1M, and assets of $9.3M (revenue +24.7% year-over-year).
- 2012: Revenue of $20.1M, expenses of $20.6M, and assets of $8.6M (revenue +18.3% year-over-year).
- 2011: Revenue of $17.0M, expenses of $16.4M, and assets of $9.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Food Bank Of Central New York:
Data Sources and Methodology
This transparency report for Food Bank Of Central New York is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.