Hamilton Food Share

339 Barton Street
Stoney Creek, ON L8E 2L2
Executive Director: Joanne Santucci
Board Chair: Joe Mercanti

Website: www.hamiltonfoodshare.org
Charitable Reg. #: 13695 7958 RR0001
Sector: Social Services - Food Bank (Multi-Service Agency)
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Donor Accountability

Grade: A

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 ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Impact Rating: Good

Full-time staff #11

Avg. Compensation $59,889

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 2
$40k - $80k 7
< $40k 1
Information from most recent CRA Charities Directorate filings for F2017

About Hamilton Food Share:

Founded in 1992, Greater Hamilton Food Share (Hamilton Food Share) is the distribution hub of the Emergency Food Network in Hamilton which is made up of 103 food programs. The charity aims to reduce hunger in Hamilton by supplying food and short-term storage to these local food banks. Its food recovery program takes food from corporate partners that is considered extra and un-salable by food industry standards and redirects it to people in need. The charity’s 2017 annual report states that 90,000 people in Hamilton live in poverty, while 14% of these people count on food banks every month to survive.

In F2017, Hamilton Food Share collected about 2.7 million pounds of food, an increase of 12% from F2016. It reports that 57% of food distributed was fresh or frozen. In its 2017 annual report, it states that 83% of the food received was donated by the food industry, 11% by community food drives and 6% was bought by the charity. It also reports that 75% of the food was distributed to its 11 emergency food member agencies, 19% to Niagara Regional Hub food banks and 7% to other local community groups. Together, the food distributed by the agencies is sufficient to provide a minimum of 6,300 meals per day.

Hamilton Food Share also works with businesses within the city to raise awareness of hunger, its root causes and the impact it creates on the people in need. It also fundraises and facilitates community food drives in support of local food banks.

Results and Impact: Hamilton Food Share reports that for every $1 donated, it can provide $5 worth of food to someone in need. In the charity’s 2017 Hunger Count report, it states that 12,580 people in Hamilton visited food banks in March 2017, 37% of these being children. Charity Intelligence gave Hamilton Food Share an impact rating of Good for proven impact per dollar (see impact grid on the bottom right).

Financial Review:

Greater Hamilton Food Share is a Large charity, which received monetary donations of $1.4m and donated food valued at $6.9m in F2017. Administrative costs are 2% of total revenues and fundraising costs are 21% of monetary donations. For every dollar donated to the charity, $0.77 goes towards its programs, which falls within Ci’s reasonable range for overhead spending. Hamilton Food Share has total funding reserves of $407k. Excluding the cost of donated food, the food bank’s funding reserves can cover annual program costs for 5 months. This indicates a need for donations.

This charity report is an update that has been sent to Greater Hamilton Food Share for review. Comments and edits may be forthcoming.

Updated June 29, 2018 by Derek Houlberg.

Financial Ratios

Fiscal year ending March
201720162015
Administrative costs as % of revenues 1.9%2.0%1.9%
Fundraising costs as % of donations 21.2%18.8%19.1%
Program cost coverage (%) 42.0%57.5%62.5%

Summary Financial Statements

All figures in $000s
201720162015
Donations 1,4271,3921,325
Goods in kind 6,9106,0305,632
Government funding 334
Fees for service 121212
Investment income 014
Total revenues 8,3527,4386,977
Program costs 9691,003954
Grants 6,9106,0305,632
Administrative costs 161146129
Fundraising costs 302261253
Cash flow from operations 10(2)9
Funding reserves 407576596
Note: Ci has not included amortization of deferred capital contributions in revenues, decreasing total revenues by $37k in F2017, $35k in F2016 and $38k in F2015. Ci has included the value of donated food in donated goods in kind and in grants, increasing total revenue and expenses by $6.9m in F2017, $6.0m in F2016 and $5.6m in F2015. Ci has not included gain on disposal of assets in revenues, decreasing total revenue by $1k in F2017.

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