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

Charitable Reg. #:13695 7958 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.

Average

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.

75%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 75 cents are available for programs.



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OVERVIEW

About Hamilton Food Share:

Founded in 1992, Greater Hamilton Food Share (Hamilton Food Share) is the distribution hub for Hamilton's Emergency Food Network, a group of 12 member agencies that work to feed people in poverty. Hamilton Food Share aims to end hunger by sending food to 42 emergency food programs and local food banks. According to its covid-19 hunger report, emergency food bank visits across Hamilton increased by 9% in F2020. Around 54% of the charity's clients spend at least half of their income on housing and are at extreme risk of homelessness.  

Hamilton Food Share’s main program is food distribution. In F2020, it provided $9.9m in donated food, purchased $300k worth of food, and spent $1.0m on distribution costs.

In F2020, Hamilton Food Share collected and distributed 3.8 million pounds of food (3.4 million pounds in F2019). This included 2.3 million pounds of fresh food (60%), 975,686 pounds of non-perishable food (26%), and 524,157 pounds of frozen food (14%). Around 74% of food went to the Emergency Food Network in Hamilton, with the remaining distributions going to Niagara Region food banks and other community partners. Hamilton Food Share’s local food bank partners reported a total of 283,011 visits in F2020 (255,537 in F2019).

The charity also runs other annual food distribution initiatives. In F2020, it served 234,011 public meals and delivered 8,581 Christmas food hampers. Hamilton Food Share also gives clients the option to pick up food directly from warehouses. It received 3,898 food pickups during the year.

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Results and Impact

Hamilton Food Share states that for every $1 donated, it can provide $5 worth of food to people in need due to its retail partnerships. In F2020, it distributed 72,847 pounds of food each week to around 13,000 clients, including 5,000 children.

While Ci highlights these key results, they may not be a complete representation of Hamilton Food Share’s results and impact.

Charity Intelligence has given Hamilton Food Share an Average impact rating based on demonstrated impact per dollar spent.

Impact Rating: Average

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Finances

Hamilton Food Share received $1.4m in cash donations in F2020. It also received $9.9m in donated food (83% of revenues) and $559k in government funding (5% of revenues). Administrative costs are 1% of revenues (less investment income) and fundraising costs are 24% of cash donations. This results in total overhead spending of 25%. For every dollar donated to the charity, 75 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

Hamilton Food Share has $839k in net funding reserves. The charity can cover 63% or between seven and eight months of annual program costs with its existing reserves.

Charity Intelligence has sent this update to Hamilton Food Share for review. Changes and edits may be forthcoming.

Updated on August 23, 2021 by Eric Zhao.

Financial Review


Financial Ratios

Fiscal year ending March
202020192018
Administrative costs as % of revenues 1.4%1.7%1.8%
Fundraising costs as % of donations 24.0%28.4%30.1%
Total overhead spending 25.4%30.1%31.9%
Program cost coverage (%) 63.3%47.3%58.7%

Summary Financial Statements

All figures in $000s
202020192018
Donations 1,3511,1301,037
Goods in kind 9,9258,7237,125
Government funding 559486486
Fees for service 161212
Lotteries (net) 003
Other income 6601
Total revenues 11,91710,3518,662
Program costs 1,3261,0811,010
Donated goods exp 9,9258,7237,125
Administrative costs 165173159
Fundraising costs 324321312
Total spending 11,74010,2998,607
Cash flow from operations 1775356
Capital spending 18012224
Funding reserves 839511593

Note: Ci included the value of donated food as goods in kind, affecting revenues and expenses by $9.9m in F2020, $8.7m in F2019, and $7.1m in F2018. Ci classified membership capacity grants and operational grants as government funding, in accordance with the charity’s T3010 filings. Ci excluded amortization of deferred capital contributions, as the charity does not disclose the source of this funding. This affected revenues by ($73k) in F2020, ($63k) in F2019, and ($75k) in F2018. Ci excluded gains and losses on asset disposal and amortization expenses.

Salary Information

Full-time staff: 14

Avg. compensation: $59,188

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
5
$40k - $80k
5
< $40k
0

Information from most recent CRA Charities Directorate filings for F2020

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Comments & Contact

Comments added by the Charity:

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Charity Contact

Website: www.hamiltonfoodshare.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 905-664-9065

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