Daily Bread Food Bank
Toronto, ON M8V 2E7
Executive Director: Gail Nyberg
Board Chair: Al Shulman
Charitable Reg. #: 11888 1549 RR0001
Grade: A-The 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
Full-time staff #55
Avg. Compensation $69,429
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||8|
|$40k - $80k||1|
About Daily Bread Food Bank:
Founded in 1983, Daily Bread Food Bank (DBFB) is the largest food bank in Toronto, distributing food to 136 social services organizations in the Greater Toronto Area. Every year, DBFB collects and distributes millions of pounds of food to 200 different food programs. DBFB has a research arm, the Learning Centre, where the charity researches poverty in the GTA. Additionally, DBFB runs training and education programs through its new training centre to provide member agencies the support they need to hand out healthy food in a safe and welcoming manner.
In F2016, Daily Bread Food Bank gave out over 8.1 million pounds of food, of which 42% was fresh food and 9% was frozen food. To achieve its goal of providing healthy food, DBFB distributed 736,000 pounds of milk, 166,000 pounds of fish and 115,000 cartons of eggs in F2016. The charity reports that it sends 5,000 meals to shelters, hostels and poor neighbourhoods every week. This year, the Learning Centre submitted recommendations on reducing poverty to the Ontario Budget committee. The centre publishes the annual Who’s Hungry report, which details the causes, consequences and social effects of poverty in Toronto.
Daily Bread Food Bank’s research and policy arm developed Canada’s first Deprivation Index. The index is a list of items a person needs to own to fall above the poverty line. Through this research, DBFB found that 12.5% of children in Ontario are living in poverty.
Daily Bread Food Bank is a Big-Cap charity receiving donations of $7.2m in F2016. It collected donated food worth $6.2m in F2016. Administrative costs are 6% of total revenues and fundraising costs are 16% of total donations. For every dollar donated, 78 cents goes towards program costs falling within Ci’s reasonable range. DBFB has total funding reserves of $4.3m. Excluding the cost of donated food, DBFB’s funding reserves can cover program costs for 9 months.
This report is an update and is currently being reviewed by the charity. Changes and edits may be forthcoming.
Updated May 19, 2017 by Josh Lam.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||6.0%||5.4%||2.3%|
|Fundraising costs as % of donations||15.7%||11.2%||10.4%|
|Program cost coverage (%)||78.8%||75.0%||64.7%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||6,220||6,408||5,489|
|Fees for service||189||189||157|
|Cash flow from operations||451||621||805|