Food Banks Canada

5025 Orbitor Drive, Bldg. 2, Suite 400
Mississauga, ON L4W 4Y5
Executive Director: Pam Jolliffe
Board Chair: Marc Guay

Website: www.foodbankscanada.ca
Charitable Reg. #: 13064 3737 RR0001
Sector: Social Services - Food Bank (Distributor)
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

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 ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #17

Avg. Compensation $90,670

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 2
$80k - $120k 5
$40k - $80k 2
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Food Banks Canada:

Founded in 1989, Food Banks Canada (FBC) is a national organization that represents and supports food bank communities across Canada. Food Banks Canada was originally founded as The Canadian Association of Food Banks to assist with what was initially believed to be a short-term demand for food banks. However, as the need for food banks and food assistance programs continued and grew, the organization continued to serve as a national voice for food banks across the country. In 2008, it rebranded as Food Banks Canada. Food Banks Canada's membership and its respective agencies serve approximately 85% of people accessing essential food programs nationwide.

Food Banks Canada strives to meet the short-term need for food, and find long-term solutions to hunger in order to reduce the need for food banks and emergency food services in Canada. To support the work of its membership, FBC runs programs that provide its membership with food and consumer product donations, funding, and educational resources. To achieve its long-term goals, FBC builds partnerships with corporate donors and organizational friends, raises awareness of hunger and related issues, and encourages Canadians to become involved by conducting research and creating policy recommendations to reduce hunger and poverty in Canada.

In F2016, Food Banks Canada distributed 5.6 million kilograms of food through its National Food Sharing System to its network of community food banks. Also, by pairing retail locations with local food banks, 1.9 million kilograms of food was distributed through its Retail Food Program. Also in F2016, FBC provided 28 monetary grants that helped fund mobile refrigerator trailers for remote northern communities, warehouse equipment for food banks, and new cooler rooms to provide fresh food for more communities. FBC also purchased 36 refrigerators and freezers for its food bank network.

Food Banks Canada reports that for every $1 donated to its National Food Sharing System program, it acquires and shares $20 worth of food and consumer products.

Financial Review:

Food Banks Canada is a large charity, with donations and special events revenues of $8.4m, and food donations of $30.7m in F2015. Its administrative costs are 1% of revenues, and its fundraising costs are 11% of donations. For every $1 donated to the charity, 88 cents is put towards its programs, falling within Ci's reasonable range. The charity's funding reserves of $1.1m result in a program cost coverage ratio, excluding donated food, of 59%. This means that the charity can cover 7 months of its annual programs using its existing reserves.

This charity report is an update that is being reviewed by Food Banks Canada. Changes and edits may be forthcoming.

Updated on July 25, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 1.3%1.6%1.1%
Fundraising costs as % of donations 10.6%17.2%13.1%
Program cost coverage (%) 59.4%83.5%103.5%

Summary Financial Statements

All figures in $000s
201620152014
Donations 8,3755,1635,050
Goods in kind 30,71431,99238,793
Fees for service 424242
Special events 412547
Other income 693243
Total revenues 39,24037,25443,976
Program costs 32,50733,49040,583
Donor-designated donations 3,3542,5002,364
Administrative costs 504598474
Fundraising costs 892893666
Cash flow from operations 1,983(228)(111)
Funding reserves 1,0651,2501,852
Note: Ci has adjusted amortization of deferred capital contributions affecting revenues by ($28k) in F2016, by ($31k) in F2015, and by ($37k) in F2014. Ci has adjusted amortization of capital assets affecting expenses by ($43k) in F2016, by ($49k) in F2015, and by ($57k) in F2014.

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