67 Wright Avenue
Dartmouth, NS B3B 1H2
Executive Director: Nick Jennery
Board Chair: Sylvia Parris-Drummond

Charitable Reg. #:11903 9337 RR0001

STAR RATING

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

[Charity Rating: 5/5]

✔+

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.

87%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 87 cents are available for programs.



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OVERVIEW

About Feed Nova Scotia:

Feed Nova Scotia is a top-rated 5-star charity. It is financially transparent, has an above-average results reporting grade, Good demonstrated impact, and low overhead costs. With its current reserves, it can cover one year and three months of annual program costs. 

Founded in 1984, Feed Nova Scotia works to increase food security in the Province of Nova Scotia through food distribution and education. The charity reports that 80% of households in Nova Scotia on social assistance are food insecure.  Feed Nova Scotia accepts, collects, and distributes food and food-related products. In F2021, these products collectively supported 140 member agencies.

A Charity Intelligence 2023 Top 100 Rated Charity

In F2022, Feed Nova Scotia distributed a total of 3.0 million kilograms of food, of which 48% was fresh and 21% was purchased. The charity reports that for the F2022 holiday season it matched over 20,000 individuals with food or gift support. Feed Nova Scotia supplied 3,998 produce hampers, 4,517 turkeys, 1,291 chickens, 278 vegan options, and 700 prepared dinners.

Feed Nova Scotia launched its covid-19 food box program in May 2020 which is a province-wide home delivery program. On August 15, 2022, the program ended. In F2022, the charity directly delivered 479,074 kilograms of food.

 

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Results and Impact

In F2021, Feed Nova Scotia distributed 3.1 million kilograms of food to its member agencies which collectively supported over 37,000 Nova Scotians.

While Charity Intelligence highlights these key results, they may not be a complete representation of Feed Nova Scotia’s results and impact.

Charity Intelligence rates Feed Nova Scotia as Good on demonstrated impact per dollar spent.

 

Impact Rating: Good

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Finances

Feed Nova Scotia had cash donations of $6.6m and $16.3m in donated foods and other goods in F2022. Fundraising costs are 9% of cash donations and administrative costs are 4% of revenues. This results in a total overhead spending of 13%. For every dollar donated, 87 cents go towards the charity’s program, which is within Ci’s reasonable range for overhead spending.

Feed Nova Scotia has $7.7m in reserve funds. These are the charity’s cash and investments. Feed Nova Scotia has one year and three months of annual program costs covered by its current reserves.

This charity report is an update that was sent for review to Feed Nova Scotia. Changes and edits may be forthcoming.

Updated on June 21, 2023 by Alessandra Castino.

Financial Review


Financial Ratios

Fiscal year ending March
202220212020
Administrative costs as % of revenues 4.2%3.6%4.9%
Fundraising costs as % of donations 9.3%6.9%15.2%
Total overhead spending 13.5%10.5%20.1%
Program cost coverage (%) 129.9%208.9%129.5%

Summary Financial Statements

All figures in $000s
202220212020
Donations 6,60010,1873,235
Goods in kind 16,34714,67412,089
Government funding 2,2231,5110
Special events 001,189
Investment income (130)1520
Other income 3345925
Total revenues 25,07226,98216,539
Program costs 5,9654,3532,351
Donor-designated donations 7191,622296
Donated goods exp 14,22714,27711,841
Administrative costs 1,050956807
Fundraising costs 613707672
Total spending 22,57421,91615,968
Cash flow from operations 2,4995,067571
Capital spending 7611514
Funding reserves 7,7479,0943,044

Note: Ci removed amortization expenses from administration and program expense. Ci excluded amortization of capital contributions. Ci adjusted for deferred capital contributions in order to report contributions on a cash basis. This affected revenues by $73k in F2022, $203k in F2021 and $188k in F2020. Ci also adjusted for deferred government and non-government funding, affecting revenues by ($32k) in F2022, $79k in F2021 and ($26k) in F2020.  

Salary Information

Full-time staff: 36

Avg. compensation: $68,507

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
6
$40k - $80k
3
< $40k
0

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

Charity Contact

Website: www.feednovascotia.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (902) 457-1900

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