54 Ainslie Street South
Cambridge, ON N1R 3K3
Executive Director: Dianne McLeod
Board Chair: Kristen Danson

Charitable Reg. #:89065 8743 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 4/5]

FINANCIAL TRANSPARENCY

Most recent Audited financial statements available on the charity’s website.

B-

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.

90%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 90 cents are available for programs.



My anchor

OVERVIEW

About Cambridge Self-Help Food Bank:

Cambridge Self-Help Food Bank (CFB) first opened its doors in 1985 to help respond to a severe economic recession. It serves the city of Cambridge and the township of North Dumfries, which have a combined population of around 145,000. Each month, CFB provides food to 26 local agencies and more than 1,600 individuals and families.

Cambridge Self-Help Food Bank’s main program is food distribution. It also runs various community programs, such as a food co-operative, family support services, and referral programs. In F2020, the charity provided $2.8m worth of food, spent $48k on food purchases, and reported $66k in other programs costs. It does not provide a spending breakdown of individual programs.

In F2020, CFB helped to distribute 604,602 pounds of food. It also provided 11,630 food baskets and 7,572 hot meals during the year. For clients in immediate need of food, CFB’s Community Pantry program offers emergency food hampers with a three-day supply of food, provided up to eight times per year.

The charity’s food co-operative is a membership-based initiative where people can join to help provide food for their local communities. Its members pay a $10 fee and volunteer for four hours each month to help unload food deliveries, perform administrative tasks, or work at food banks. In exchange, members can receive food pickups every two weeks to supplement their regular grocery budget. CFB’s other projects include Street Outreach, which hires social workers to refer clients to local services, and Kinship Support, which runs workshops and peer groups for caregivers. In F2020, Street Outreach workers made 3,780 contacts with clients. CFB’s Kinship Support programs also provided 107 nutrition workshops and 12 children’s cooking sessions during the year.

My anchor

Results and Impact

Cambridge Self-Help Food Bank works with corporate partners to help prevent food waste. In F2020, it helped to divert 10,204 pounds of food from landfills. CFB also runs community gardens to grow fresh, organic produce. Its gardens produced 8,407 pounds of fruits and vegetables in F2020.

While Ci highlights these key results, they may not be a complete representation of Cambridge Self-Help Food Bank’s results and impact.

Charity Intelligence has given Cambridge Self-Help Food Bank a Good impact rating for demonstrated impact per dollar spent.

Impact Rating: Good

My anchor

Finances

Cambridge Self-Help Food Bank received $1.1m in cash donations in F2020. It also received $2.8m in donated food (65% of revenues) and $311k in government funding (7% of revenues). According to the charity’s financial statements, the value of donated food is unaudited and estimated by its internal records. Administrative costs are 6% of revenues and fundraising costs are 4% of cash donations. This results in total overhead spending of 10%. For every dollar donated to the charity, 90 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

Cambridge Self-Help Food Bank has funding reserves of $1.3m. Excluding the cost of donated food, it can cover around 1.4 years of annual program costs with its existing reserves.

Charity Intelligence has sent this update to Cambridge Self-Help Food Bank for review. Changes and edits may be forthcoming.

Updated on August 23, 2021 by Eric Zhao.

Financial Review


Financial Ratios

Fiscal year ending March
202020192018
Administrative costs as % of revenues 6.0%6.0%5.6%
Fundraising costs as % of donations 3.5%3.4%5.9%
Total overhead spending 9.5%9.4%11.5%
Program cost coverage (%) 138.8%133.4%117.8%

Summary Financial Statements

All figures in $s
202020192018
Donations 1,124,871778,242661,542
Goods in kind 2,777,1512,621,1222,579,338
Government funding 310,952374,970366,633
Fees for service 40,69143,69647,964
Lotteries (net) (3,238)(8,310)5,609
Total revenues 4,250,4273,809,7203,661,086
Program costs 925,726827,249764,483
Donated goods exp 2,777,1502,621,1202,579,340
Administrative costs 256,754227,784206,139
Fundraising costs 39,13026,46038,716
Total spending 3,998,7613,702,6153,588,676
Cash flow from operations 251,666107,10572,410
Capital spending 11,82518,29012,008
Funding reserves 1,284,9531,103,886900,238

Note: Ci included the value of donated food as goods in kind, affecting revenues and expenses by $2.8m in F2020, $2.6m in F2019, and $2.6m in F2018. Ci gathered government funding from the charity’s T3010 filings and removed the amounts from donations. Ci adjusted administrative costs to match the charity’s T3010 filings and removed the additional amounts from program costs. Ci reported lottery revenues net of lottery expenses built into programs and administration. This affected revenues by ($27k) in F2020, ($30k) in F2019, and ($15k) in F2018. Ci excluded amortization expenses.

Salary Information

Full-time staff: 15

Avg. compensation: $52,335

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
7
< $40k
3

Information from most recent CRA Charities Directorate filings for F2020

My anchor

Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.cambridgefoodbank.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 519-622-6550

Print  
Image

Charity Intelligence researches Canadian charities for donors to be informed and give intelligently. Our website posts free reports on more than 800 Canadian charities, as well as in-depth primers on philanthropic sectors like Canada’s environment, cancer, and homelessness. Today over 500,000 Canadians use our website as a go-to source for information on Canadian charities reading over 1.6 million charity reports. Through rigorous and independent research, Charity Intelligence aims to assist Canada’s dynamic charitable sector in being more transparent, accountable and focused on results.

 

Be Informed. Give Intelligently. Have Impact

 

Charitable Registration Number: 80340 7956 RR0001