Hamilton Food Share
Stoney Creek, ON L8E 2L2
Executive Director: Joanne Santucci
Board Chair: Joe Mercanti
Charitable Reg. #: 13695 7958 RR0001
Grade: BThe 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: Good
Full-time staff #9
Avg. Compensation $53,948
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||1|
|$40k - $80k||6|
About Hamilton Food Share:
Founded in 1992, Hamilton Food Share (HFS) aims to increase its community's capacity to reduce hunger by supplying food supplies and short-term storage to food banks and hot meal programs. It runs four food recovery programs that collect food in a cost-effective manner. The programs collaborate with company partners that contribute their un-salable products to the charity. HFS also fundraises and facilitates community food drives in support of local food banks.
In F2015, Greater Hamilton Food Share collected and distributed over 2.2 million pounds of food, which is up 24% from F2014. HFS reports that 76% of food was collected through its food recovery programs, 11% was collected through community food drives, and 13% of its food was purchased by HFS. HFS also reports that 78% of the food was distributed to 10 member agencies, 15% was given to the Niagara Regional Hub Food Banks, and 7% was distributed to local community groups. Together, the agencies served are visited over 200,000 times annually.
In March, 2015, HFS’s emergency food network logged 20,246 visits (up 19% from March, 2014), 13,134 from adults and 7,112 from children. HFS also reports that 15,588 meals were served in the month.
Hamilton Food Share is a medium-sized charity, with donations of $1.3m and donated foods valued at $5.6m in F2015. Its administrative costs are 2% of revenues and its fundraising costs are 19% of donations. For every $1 donated to the charity, 79 cents is put towards its programs, falling within Ci’s reasonable range. The charity’s funding reserves of $596k result in a program cost coverage ratio, excluding donated foods, of 62%. This means that it can cover 7 months of its annual programs using its existing reserves.
This charity report is an update that is being reviewed by Hamilton Food Share. Changes and edits may be forthcoming.
Updated on August 11, 2016 by Lynn Tay.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||1.9%||2.0%||2.4%|
|Fundraising costs as % of donations||19.1%||19.0%||20.3%|
|Program cost coverage (%)||62.5%||70.5%||66.8%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||5,632||4,551||4,237|
|Fees for service||12||12||12|
|Cash flow from operations||9||26||50|