Calgary Food Bank
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Good
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
95%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 95 cents are available for programs.
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OVERVIEW
About Calgary Food Bank:
Calgary Food Bank is a five-star financially transparent charity with a Good demonstrated impact score. It has an A results reporting grade, which is above average. For every dollar donated to the charity, 95 cents are available to go to the cause.
Founded in 1982, Calgary Food Bank (CFB) collects and distributes food to families, single parents, children, seniors, and other people in need in the city of Calgary. The charity reports that Alberta has the largest number of working poor in Canada and that 28% of its clients are food insecure despite being employed. CFB’s largest program is Emergency Food Hampers. Food Link, Food Share, and other miscellaneous food programs are the rest of the charity’s program spending. The charity spent $14.4m cash and donated $42.1m worth of food through its programs in the fiscal year ending August 2023 (F2023).
A Charity Intelligence 2024 Top 100 Rated Charity
Emergency Food Hampers was 83% of CFB’s program spending. The charity distributes emergency food hampers made up of fruit & vegetables (32%), meat products (34%), whole grains (8%), and other food (26%). In F2023, CFB distributed 144,760 hampers to 88,399 unique clients. This is a 64% increase from 88,177 hampers in F2022. The charity also completed 2,780 agency referrals and connected 4,780 people with 93 food programs in F2023.
Other programs was 17% of CFB’s program spending. The charity’s other food programs include Food Link, Food Share, Mobile Hampers, Purchasing Power, Weekends & More, and Welcome Home. In F2023, CFB distributed 1,320,635 lb of food ($4,263,848 market value) to 56 agency partners through its Food Link subprogram. The charity also distributed 1,852,582 lb of food ($4,816,713 market value) to 32 food banks through its Food Share subprogram in F2023.
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Results and Impact
According to the charity, clients receiving emergency food hampers are food insecure, meaning they are unable to afford basic needs. In F2023, Calgary Food Bank distributed 144,760 food hampers to 88,399 unique clients, meaning each client received around 1.6 hampers over the year. The charity did not disclose the pounds of food contained within each hamper.
The charity also reported that it distributed 1,320,635 lb of food to 56 agency partners through its Food Link subprogram, meaning that each agency partner received an average of 57,873 lb of food across F2023. CFB’s Food Share program distributed 1,852,582 lb of food to 32 food banks in F2023, meaning each food bank received 23,583 lb of food.
While Ci highlights these key results, they may not be a complete representation of Calgary Food Bank’s results and impact.
Charity Intelligence has given Calgary Food Bank a Good impact score based on its demonstrated impact per dollar spent.
Impact Rating: Good
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Finances
In F2023, Calgary Food Bank received $20.1m cash and $42.1m food donations, a 21% and 33% respective increase from F2022. Administrative costs are 4% of revenues and fundraising costs are 1% of donations. This results in 5% total overhead spending. This means that for every dollar donated, 95 cents are available to go to the cause. This is within Ci’s reasonable overhead spending range.
In F2023, CFB spent $14.4m on its programs, an 11% increase from $13.0m in F2022.
At the end of F2023, Calgary Food Bank had $28.1m in reserve funds (cash and investments) which covers 195% or slightly under 2 years of its annual program spending.
Profile updated June 20, 2024 by Julian Dranitsaris. Comments and corrections may be forthcoming.
Financial Review
Fiscal year ending August
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 4.2% | 4.5% | 3.6% |
| Fundraising costs as % of donations | 0.8% | 0.7% | 0.9% |
| Total overhead spending | 5.0% | 5.2% | 4.5% |
| Program cost coverage (%) | 195.0% | 194.5% | 271.1% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 20,137 | 16,623 | 18,954 |
| Goods in kind | 42,118 | 31,630 | 35,248 |
| Government funding | 0 | 0 | 53 |
| Investment income | 1,388 | (246) | 810 |
| Other income | 340 | 739 | 1,178 |
| Total revenues | 63,982 | 48,746 | 56,243 |
| Program costs | 14,393 | 12,988 | 10,032 |
| Donated goods exp | 42,118 | 31,630 | 35,248 |
| Administrative costs | 2,614 | 2,195 | 1,979 |
| Fundraising costs | 169 | 113 | 175 |
| Total spending | 59,294 | 46,926 | 47,433 |
| Cash flow from operations | 4,688 | 1,820 | 8,810 |
| Capital spending | 2,499 | 3,788 | 5,264 |
| Funding reserves | 28,067 | 25,268 | 27,196 |
Note: 1. DEFERRED CONTRIBUTION ADJUSTMENT: Calgary Food Bank uses deferred accounting. To show donors this information on a consistent basis, Ci adjusted donations for changes in deferred contributions. Deferred contributions include changes to its operating and capital contribution funds across F2023. This affected revenues by ($184k), $3k, and ($46k) in F2023, F2022, and F2021 respectively. 2. WAGE SUBSIDIES: Calgary Food Bank recorded wage subsidies from the federal government in donations. Ci removed this amount and instead reported it as government funding. This affected revenues by ($nil), ($nil), and $53k in F2023, F2022, and F2021 respectively.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
0 |
$80k - $120k |
5 |
$40k - $80k |
4 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Calgary Food Bank added the following comment in 2014. New comments may be forthcoming.
At the Calgary Food Bank transparency and accountability to the community is taken very seriously. We also recognize that the ongoing sharing of information can occur in many different ways. We encourage all of our donors to contact us directly if they have feedback or cannot find information that they require through our website. Please contact us at 403-253-2059 or info@calgaryfoodbank.com
Learn More: 2022-2023 Annual Report
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 403-253-2059