Food Bank of Central & Eastern North Carolina Inc
1924 Capital Blvd, Raleigh, NC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $247,244,979 | $249,412,020 | $97,906,363 |
| FY2024 | $233,952,448 | $238,575,144 | $98,241,836 |
| FY2023 | $232,338,914 | $221,747,267 | $100,982,972 |
| FY2022 | $216,066,903 | $208,404,478 | $88,679,951 |
| FY2021 | $310,712,985 | $267,812,805 | $83,361,021 |
| FY2020 | $169,408,393 | $154,864,809 | $40,460,841 |
| FY2019 | $167,253,908 | $161,389,329 | $25,917,257 |
| FY2018 | $124,753,142 | $125,576,320 | $20,052,678 |
| FY2017 | $132,927,098 | $130,823,128 | $20,875,856 |
| FY2016 | $122,711,442 | $115,722,188 | $18,667,376 |
| FY2015 | $111,211,059 | $108,181,997 | $11,717,018 |
| FY2014 | $102,342,236 | $101,367,639 | $8,460,218 |
| FY2013 | $99,340,554 | $99,319,080 | $7,430,329 |
| FY2012 | $86,975,600 | $87,196,639 | $7,298,343 |
Form 990 filings
The returns filed by Food Bank of Central & Eastern North Carolina Inc (EIN 56-1283426), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $243,039,679 | 98% |
| Program service revenue | $1,823,801 | 1% |
| Other revenue | $2,381,499 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $238,779,569 | 96% |
| Management & general | $4,794,236 | 2% |
| Fundraising | $5,838,215 | 2% |
What the numbers show
- Contributions & grants made up 98% of total revenue in FY2025.
- Program services accounted for 96% of functional expenses, management & general 2%, and fundraising 2%.
- 96% of functional expenses went to program services in FY2025. That is higher than 73.8% of 225 Food, Agriculture & Nutrition organizations nationwide (too few in NC for a state comparison).
- Net assets covered about 4.7 months of expenses at the end of the reporting year. That puts it in the 22nd percentile among 199 Food, Agriculture & Nutrition organizations in NC.
- Total revenue was the highest among 201 Food, Agriculture & Nutrition organizations in NC.
- Total revenue rose from $86,975,600 in FY2012 to $247,244,979 in FY2025. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2012, FY2018, FY2024, FY2025).
- The highest revenue on record here is $310,712,985 in FY2021.
- Net assets grew from $7,298,343 to $97,906,363 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
ESTABLISHED IN 1980, THE FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA IS AMONG THE LARGEST ANTI-HUNGER ORGANIZATIONS IN THE UNITED STATES. WE WORK EVERY DAY TO PROVIDE FOOD TO PEOPLE IN NEED WHILE ADVANCING LONG-TERM SOLUTIONS TO END HUNGER IN OUR COMMUNITIES.
IRS status
| Ruling year | 1981 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | K310 — Food, Agriculture & Nutrition |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Second Harvest Food Bank of Metrolina Inc — Charlotte, NC · $172,264,484
- Second Harvest Food Bank of Northwest North Carolina Inc — Winston Salem, NC · $102,400,620
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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