South Texas Food Bank
96% goes to programs $1 to raise $100 Strong reserves Declining revenue
South Texas Food Bank is a 501(c)(3) organization based in Laredo, Texas, registered in 1991, with $49,373,259 in FY2023 revenue. CharityIndex grades it A+, and it directs about 96% of spending to programs.
Po Box 2007, Laredo, TX, 78044 EIN 74-2574983 Since 1991
Revenue (FY2023)
$49.4M
▲ 4.3% vs prior year
Community median: $184K
Expenses (FY2023)
$46.4M
Net assets
$32.9M
Employees
60
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating96% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For South Texas Food Bank: 96% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For South Texas Food Bank: 9 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For South Texas Food Bank: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For South Texas Food Bank: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To alleviate hunger in the imediate service area through the distribution of food products donated by the usda, feeding america, area grocery stores, etc. which are distributed to the needy by way of area food banks and other qualified nonprofit organizations.
Contact & location
- Address
- Po Box 2007, Laredo, TX, 78044
- City
- Laredo
- State
- Texas
- Subcategory
- Nonprofit Management Support
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $22.4M (FY2017) to $49.4M (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $115KNet assets $32.9M
Operating margin
6.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$33.0M
Total liabilities
$115K
Net assets
$32.9M
Salaries & benefits
$2.9M
6% of expenses
Board members
21
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $49,373,259▲4.3% | $46,370,636▲4.7% | $32,850,262▲16.7% | $32,965,686▲16.7% | 990 |
| 2022 | $47,329,883▲10.5% | $44,294,908▲8.0% | $28,150,655▲15.5% | $28,250,519▲12.0% | 990 |
| 2021 | $42,819,843▼37.6% | $41,003,833▼25.7% | $24,363,748▲1.8% | $25,213,788▲3.4% | 990 |
| 2020 | $68,615,765▲27.3% | $55,166,374▲3.9% | $23,933,525▲137% | $24,387,839▲111% | 990 |
| 2019 | $53,921,545▲80.2% | $53,109,844▲95.7% | $10,114,217▲8.7% | $11,563,700▲5.8% | 990 |
| 2018 | $29,914,993▲33.6% | $27,137,609▲24.4% | $9,302,516▲42.6% | $10,932,160▲51.0% | 990 |
| 2017 | $22,396,172 | $21,821,162▲19.4% | $6,525,057▲21.1% | $7,239,198▲30.1% | 990 |
| 2012 | — | $18,271,725▼1.7% | $5,386,947▲2.3% | $5,562,740▲4.3% | 990 |
| 2011 | — | $18,587,401 | $5,264,915 | $5,330,946 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Alma Boubel — $197,596 (0.43% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alma Boubel | Ceo | 40 | $197,596 |
| Aide Brooks | Secretary | 1 | — |
| Anna Benavides-galo | Board Member | 1 | — |
| Christina Garcia | Board Member | 1 | — |
| Doug Howland | Board Member | 1 | — |
| Dr Melissa Garcia | Board Member | 1 | — |
| Erasmo Villarreal | Board Member | 1 | — |
| Fernando Ortega | Board Member | 1 | — |
| Gabriela De Leon | Board Member | 1 | — |
| Gerardo Gs Salinas | Treasurer | 1 | — |
| Hugo Flores | Board Member | 1 | — |
| John R Solis | Past President | 1 | — |
| Juan Carlos Vazquez | Board Member | 1 | — |
| Kevin Romo | President | 1 | — |
| Laura Narvaez | Vice President | 1 | — |
| Leslie G Benavides | Historian | 1 | — |
| Maricela G Ibarra | Board Member | 1 | — |
| Robert Cuellar Jr | Board Member | 1 | — |
| Romeo Salinas | Chaplain | 1 | — |
| Victoria Tamez | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Master Roofing | Construction | $2,752,067 |
Grants received · $56.0M total
40 grants to South Texas Food Bank totaling $56.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Feeding America | Fight hunger | 2024 | $5,410,361 |
| Farmlink Project | To provide healthy fresh produce to families in need | 2024 | $743,134 |
| Methodist Healthcare Ministries of South Texas Inc | Food access program and donation | 2024 | $440,000 |
| Farmlink Project | To provide healthy fresh produce to families in need | 2024 | $75,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $16,542 |
| Feeding America | Fight hunger | 2023 | $3,776,044 |
| Farmlink Project | To provide healthy fresh produce to families in need | 2023 | $869,266 |
| Methodist Healthcare Ministries of South Texas Inc | Food access program and donation | 2023 | $709,500 |
| San Antonio Food Bank Inc | Food distribution program | 2023 | $238,715 |
| John G & Marie Stella Kenedy Memorial Foundation | Humanitarian/disaster/mobile response | 2023 | $15,000 |
| Feeding America | Fight hunger | 2022 | $6,787,693 |
| Feeding America | Fight hunger | 2022 | $6,787,693 |
| Farmlink Project | To provide healthy fresh produce to families in need | 2022 | $86,016 |
| Lesea Global Feed the Hungry Inc | Relief | 2022 | $51,404 |
| Feeding America | Fight hunger | 2021 | $5,034,078 |
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Compare South Texas Food Bank
Frequently asked questions
- Is South Texas Food Bank a legitimate nonprofit?
- Yes. South Texas Food Bank is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-2574983, based in Laredo, Texas. Donations are tax-deductible.
- What is South Texas Food Bank's EIN?
- South Texas Food Bank's Employer Identification Number (EIN) is 74-2574983.
- How much revenue does South Texas Food Bank report?
- South Texas Food Bank reported $49,373,259 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of South Texas Food Bank's spending goes to programs?
- South Texas Food Bank spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does South Texas Food Bank have?
- CharityIndex grades South Texas Food Bank A+, based on program efficiency and fundraising cost.
- How much does South Texas Food Bank's highest-paid employee make?
- The highest reported compensation on South Texas Food Bank's latest Form 990 is $197,596, paid to Alma Boubel (Ceo).
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Data for South Texas Food Bank (EIN 74-2574983) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.