Ontario Association of Food Banks
Toronto, ON M5R 1C1
Executive Director: Carolyn Stewart
Board Chair: Michael Maidment
Charitable Reg. #: 88526 0968 RR0001
Grade: B+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Impact Rating: Fair
Full-time staff #10
Avg. Compensation $50,112
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||0|
|$40k - $80k||4|
About Ontario Association of Food Banks:
Founded in 1992, the Ontario Association of Food Banks (OAFB) is a network of over 127 direct member food banks and over 1,100 hunger-relief programs across Ontario. Its programs include Food Distribution and Funding, Research and Public Education and Member Support. Food and Distribution accounts for 96% of expenses while its member services and programs account for 4% of total spending.
In F2016, OAFB provided the equivalent of 4 million meals including almost 1 million litres of fresh milk and 144,000 dozen eggs. Together with its member agencies, the OAFB serves over 335,000 individuals, including 112,000 children, every month. It funded agencies through 2 programs, the Rural Kids Program and the Capacity Building Program. Rural Kids funds healthy eating programs for kids in rural communities. In F2015, the organizations receiving the grants were the Manitoulin Family Resources, House of Lazarus, West Lincoln Community Care and The Sharing Place. The OAFB also publishes an annual Hunger Report that tracks food bank usage in Ontario and the state of hunger in various regions of the province. The F2016 version of the Hunger Report focused on energy poverty in Ontario.
With donations and special events revenues of $1m and Goods In Kind donations of $12.5m, Ontario Associations of Food Banks is a Large-Cap charity. In F2016, its administrative costs were reported at 5% of total revenues and the charity records no fundraising costs. OAFB has $406k of funding reserves which represent 46% of annual programs excluding donated food. Factoring this in, its funding reserves stand at 3% of programs.
This charity report is an update that is being reviewed by OAFB. Changes and edits may be forthcoming.
Updated June 2nd, 2017 by Josh Lam.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||5.4%||2.7%||2.8%|
|Fundraising costs as % of donations||0.0%||0.0%||0.0%|
|Program cost coverage (%)||45.9%||25.6%||24.9%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||12,476||17,518||17,580|
|Fees for service||440||484||956|
|Cash flow from operations||(137)||(127)||27|