The Food Depot receives top ranking
SANTA FE — The Food Depot has been named one of “The 40 Best Food Banks in America,” by 24/7 Wall St., a financial news and opinion website.
The Food Depot ranked 26 out of 40, with 24/7 Wall St. utilizing data from the charity-rating website, Charity Navigator. Charity Navigator evaluates nonprofits annually based on several factors including information on the organization’s website and their IRS 990 form.
“We are incredibly proud of this recognition,” Sherry Hooper, executive director of The Food Depot said. “With the support of our donors and volunteers, our ratio of funds raised to what is spent on programs is one of the best in our industry,” Hooper added.
Earlier this year, The Food Depot received recognition from Charity Navigator for its 11th consecutive 4-star rating, the highest rating awarded. According to a letter received from Michael Thatcher, president and CEO of Charity Navigator, only 1 percent of the nonprofits evaluated earn this rating.
For more information about Charity Navigator, go to charitynavigator.org.
For more information about 24/7 Wall St., go to 247wallst.com.
The Food Depot fosters healthy communities by engaging a network of partners and developing solutions to create a hunger-free Northern New Mexico. As the food bank for nine counties, The Food Depot provides food to 13,000 people through seven direct service programs. The food bank also provides food to more than 145 nonprofit agencies including food pantries, meal programs, and shelters, supporting an additional 44,000 people in need. Each month, The Food Depot provides more than 450,000 meals to alleviate hunger in our communities.
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