Ontario Association of Food Banks

555 Richmond Street West, Suite 501
Toronto, ON M5V 3B1
Executive Director: Sharon Lee
Board Chair: Basil Alexander

Website: www.oafb.ca
Charitable Reg. #: 88526 0968 RR0001
Sector: Social Services - Food Bank (Multi-Service Agency)
Operating Charity

Social Results Reporting

Grade: B-

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 for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #7

Avg. Compensation $53,730

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 0
$40k - $80k 4
< $40k 2
Information from most recent CRA Charities Directorate filings for F2014

About Ontario Association of Food Banks:

Founded in 1992, the Ontario Association of Food Banks (OAFB) is a network of over 120 member food banks and over 1,100 hunger-relief programs across Ontario. Its programs include: working with companies to allow food banks to purchase food at a discounted rate; coordinating national and provincial food drives and large scale donations from the food industry; giving grants for children's programs in rural food banks; connecting volunteers from commercial businesses with local farms, where they hand-pick left-over produce and deliver it to local food banks; partnering with local companies to encourage consumers to purchase local, with a portion of sales going to support hunger relief programs; and working with Ontario associations to provide milk, eggs, chicken, pork and beef to food banks. 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.

Every year, the OAFB acquires and distributes eight million pounds of food and collects one million litres of milk from 500 dairy farmers. Together with its member agencies, the OAFB serves over 375,000 individuals, including 131,000 children, every month.

Financial Review:

Administrative costs are 0.4% of revenue. Fundraising costs are 2% of revenue. OAFB has funding reserves of $519k, which cover 21% of annual program costs excluding the value of donated food and 3% of annual program costs including the cost of donated food.

This charity report is an update that is being reviewed by OAFB. Changes and edits may be forthcoming.

Updated June 12, 2015 by Yash Ahuja.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 0.4%0.3%0.6%
Fundraising costs as % of donations 1.6%3.1%7.6%
Program cost coverage (%) 20.5%23.6%30.8%

Summary Financial Statements

All figures in $000s
Donations 674524575
Goods in kind 17,58019,51015,117
Fees for service 956568520
Special events 981880515
Investment income 984
Total revenues 20,20021,49016,731
Program costs 20,06621,36816,569
Administrative costs 7366107
Fundraising costs 274383
Cash flow from operations 3413(29)
Funding reserves 519460535

Comments added by the Charity:

No comments have been added by the charity.

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