Cambridge Self-Help Food Bank

54 Ainslie Street South
Cambridge, ON N1R 3K3
Executive Director: Pat Singleton
Board Chair: Ann Miller

Website: www.cambridgefoodbank.on.ca
Charitable Reg. #: 89065 8743 RR0001
Sector: Social Services - Food Bank (Multi-Service Agency)
Operating Charity

Donor Accountability

Grade: C

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Impact Rating: Good

Full-time staff #10

Avg. Compensation $39,050

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 3
< $40k 7
Information from most recent CRA Charities Directorate filings for F2015

About Cambridge Self-Help Food Bank:

The Cambridge Self-Help Food Bank (CFB) first opened its doors in 1985 in response to a severe economic recession. The organization was founded after members of various organizations came together to provide better access to food when needed. It serves the City of Cambridge and the Township of North Dumfries which together have a population of approximately 145,000 people.

It reports helping over 2,000 individuals and families each month through its programs. The food bank distributes food to 26 community organizations. It runs programs in emergency food assistance, a food co-operative, and infant, youth and seniors programs. In partnership with the Salvation Army, the emergency food assistance program provides up to 8 emergency food hampers to individuals and families in need. It reported distributing 12,101 hampers in F2016. The food co-op requires members to contribute $10 a month and volunteer with the food bank or wider community. In return, they receive food pick-ups every two weeks to supplement their regular grocery budget. Lastly, they provide outreach and support programs for the community.

The Cambridge Self-Help Food Bank also runs The Clothing Room, a distribution program that provides infants, children, women and men used clothing and household goods at no charge. The Clothing Room also has a Career Closet, which provides more formal pieces of clothing to those seeking employment or those needing it for events such as funerals or weddings.

Financial Review:

The Cambridge Self-Help Food Bank is considered a medium-cap charity with monetary and goods-in-kind donations of $3.0m in F2015. Its administrative costs are 2% of revenues and fundraising expenses are 3.3% of donations. For every dollar donated, 95 cents goes to the cause, falling within Ci’s reasonable range. The Cambridge Self-Help Food Bank has funding reserves of $650k which can cover program costs (excluding the value of donated food) for 9 months.

This charity report is an update that is being reviewed by the Cambridge Self-Help Food Bank. Changes and edits may be forthcoming.

Updated June 16, 2017 by Josh Lam. 

Financial Ratios

Fiscal year ending March
201520142013
Administrative costs as % of revenues 2.0%3.1%3.4%
Fundraising costs as % of donations 3.3%4.4%4.5%
Program cost coverage (%) 76.0%80.6%71.8%

Summary Financial Statements

All figures in $s
201520142013
Donations 657,259655,918651,664
Goods in kind 2,346,9202,403,1452,274,010
Government funding 269,682265,300282,817
Fees for service 43,28950,34454,733
Lotteries (net) 16,48326,99020,847
Total revenues 3,333,6333,401,6973,284,071
Program costs 3,201,3123,224,7933,115,901
Administrative costs 67,926104,428112,854
Fundraising costs 21,54428,56529,318
Cash flow from operations 42,85143,91125,998
Funding reserves 648,958662,308604,351
Note: Ci has added the value of food received and distributed to the charity`s operations, increasing both revenues and expenses by $2.3m in F2015, $2.4m in F2014, $2.3m in F2013.

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