Calgary Food Bank
Calgary, AB T2H 2Y5
President & CEO: James McAra
Board Chair: Richard Alexander
Charitable Reg. #: 13016 7349 RR0001
Social Results Reporting
Grade: BThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #39
Avg. Compensation $74,455
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||0|
|$80k - $120k||5|
|$40k - $80k||4|
About Calgary Food Bank:
Founded in 1982, Calgary Food Bank (CFB) collects and distributes food to struggling individuals, families, single-parents and homeless people through local charities. To cope with different sectors of society, CFB has many focus areas. In addition to funding an emergency food program for families, the charity funds after-school food hampers for children. It also collects excess food supplies from grocery stores, restaurants and vendors to prevent wasting food. CFB reports that 1 in 9 people in Calgary use food banks.
In F2015, Calgary Food Bank received $27.5m worth of food in donations. CFB reports that it provided 3 million meals and gave food to 241,271 people in 2015. It partnered with 3 schools, and distributed 1,929 food hampers and 322,000 milk cartons to children. CFB gave out a further 52,606 food hampers to families in immediate need of food and handed out 16,150 food hampers to homeless people.
Calgary Food Bank claims that, to date, it has redirected food from 292 transportation companies and vendors, saving 13 million pounds of food from wastage.
Calgary Food Bank is one of Canada's Major 100 charities, which received monetary donations of $7.1m in F2015 along with donated food worth $27.5m in F2015. Administrative costs are 3% of total revenues and fundraising costs are 11% costs of total donations. Total overhead costs come to 15%, falling within Ci's reasonable range. CFB has total funding reserves of $3.3m. Excluding the cost of donated food, CFB's funding reserves cover program costs for 8 months.
This report is an update and is currently being reviewed by the charity. Changes and edits may be forthcoming.
Updated June 20th, 2016 by Mirza Ali Shakir.
Financial RatiosFiscal year ending August
|Administrative costs as % of revenues||3.2%||2.5%||2.3%|
|Fundraising costs as % of donations||11.4%||10.3%||6.9%|
|Program cost coverage (%)||67.9%||58.7%||88.9%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||27,500||31,555||29,421|
|Cash flow from operations||523||(157)||1,758|