Overview
The 3,400 community food services in the US collect, prepare, and deliver food for the needy. They include food banks, meal delivery programs, and soup kitchens. Food banks collect and distribute salvageable or donated food to individuals through other social service organizations. Meal delivery programs prepare and deliver meals to persons unable to prepare meals for themselves due to age, disability or illness. Soup kitchens prepare and serve meals at fixed or mobile locations.
Demand and Donations Dependent on Economic Conditions
Demand for community food services rises when the economy is weak and unemployment rises.
Focus on Healthier Foods
Concern about nutrition is causing food banks and soup kitchens to source more fresh produce and vegetables, whole grains, fat-free and low-fat dairy products, and lean protein.
Industry Financial Benchmarks
Here are typical financial statements for community food services.
This data is provided by Powerlytics, Inc. Powerlytics is a big data predictive analytics platform provider with the most comprehensive, accurate and granular consumer and business financial data available in the marketplace. Its proprietary platform provides a comprehensive financial view of the over 200 million adults and 30 million businesses that comprise the American economy. Learn more about Powerlytics products & data.
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