Daily Bread Food Bank
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
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.
77%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 77 cents are available for programs.
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Programs
About Daily Bread Food Bank:
Founded in 1983, Daily Bread Food Bank (Daily Bread) is now one of Canada’s largest food banks. Daily Bread works with its partners to provide food and assistance to people struggling with hunger in the Toronto area. In F2019, Daily Bread supplied and distributed food to support 170 food programs in the Greater Toronto Area. These programs are run by 126 partner organizations, including shelters, meal programs, and other food banks.
In F2019, Daily Bread distributed 10.9 million lb of food. Apart from giving food to partner organizations, it also runs its own kitchen. In F2019, Daily Bread’s kitchen fed up to 5,000 people per week at agencies across Toronto, for a total of 144,698 total kitchen meal servings.
Daily Bread Food Bank’s research and advocacy division explores hunger and poverty in Toronto and advocates for policy change. Its annual Who’s Hungry report describes current statistics on the people and areas most affected by hunger, the causes of hunger, and solutions to hunger in the GTA. The 2019 report used data collected in one-on-one interviews with over 1,400 food bank clients at 51 partner organizations and was made with North York Harvest Food Bank and Mississauga Food Bank. Its data have been referenced in the media, government, and non-profit sector.
In F2019, Daily Bread launched its Summer Produce Markets, bringing 156,477 lb of fresh food directly to Toronto Community Housing Corporation buildings in Scarborough. A similar initiative to increase access to fresh food was the expansion of the Daily Bread Warehouse; a freezer spanning 4,600 square feet was installed, increasing the capacity to store fresh and frozen food by four times. It also launched the new Victoria Park and Sheppard Food Bank.
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Results and Impact
The 2019 Who’s Hungry report highlights the need of clients accessing Daily Bread’s services. 29% of survey respondents reported experiencing hunger at least once per week because they could not afford to buy enough food. 15% of survey respondents reported that their children experienced hunger at least once a week.
While Ci highlights these key results, they may not be a complete representation of Daily Bread Food Bank’s results and impact.
Charity Intelligence gave Daily Bread an impact rating of Average for proven impact per dollar.
Impact Rating: Average

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Finances
Daily Bread Food Bank is a Large charity, receiving $8.9m in monetary donations and $20.8m in food donations in F2019. Daily Bread’s administrative costs are 3% of revenues (excluding investment income) and fundraising costs are 20% of donations. This means overhead costs are 23%. For every dollar donated, 77 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
The charity has total funding reserves of $2.7m. Excluding the cost of donated food, Daily Bread’s funding reserves can cover program costs for eight months.
Daily Bread paid external fundraisers $36k in F2019 to raise $39k for a cost of $0.97 per dollar raised.
This charity report is an update that has been sent to Daily Bread Food Bank for review. Comments and edits may be forthcoming.
Updated on June 10, 2020 by Eric Jose.
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Financial Review
Fiscal year ending June
|
2019 | 2018 | 2017 |
---|---|---|---|
Administrative costs as % of revenues | 3.4% | 3.5% | 3.8% |
Fundraising costs as % of donations | 19.6% | 22.1% | 14.0% |
Total overhead spending | 23.0% | 25.6% | 17.8% |
Program cost coverage (%) | 10.0% | 18.5% | 19.9% |
Summary Financial StatementsAll figures in $000s |
2019 | 2018 | 2017 |
---|---|---|---|
Donations | 8,916 | 8,866 | 7,924 |
Goods in kind | 20,808 | 18,930 | 17,984 |
Government funding | 242 | 414 | 400 |
Fees for service | 190 | 205 | 194 |
Investment income | 54 | 51 | 52 |
Other income | 174 | 132 | 90 |
Total revenues | 30,385 | 28,597 | 26,645 |
Program costs | 6,262 | 6,125 | 5,831 |
Grants | 20,808 | 18,930 | 17,984 |
Administrative costs | 1,031 | 998 | 1,012 |
Fundraising costs | 1,748 | 1,957 | 1,109 |
Total spending | 29,849 | 28,009 | 25,936 |
Cash flow from operations | 536 | 588 | 709 |
Capital spending | 2,254 | 1,103 | 177 |
Funding reserves | 2,706 | 4,637 | 4,732 |
Note: Ci removed amortization from program, administrative and fundraising costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
3 |
$80k - $120k |
7 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2019
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-203-0050