Interfaith Food Bank Society of Lethbridge

1103 3 Ave N
Lethbridge, AB T1H 0H7
Executive Director: Danielle MacIntyre
President: Sue Griffiths

Charitable Reg. #:13274 3576 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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FINANCIAL TRANSPARENCY

Audited financial statements available only upon request.

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.

86%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 86 cents are available for programs.



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Programs

About Interfaith Food Bank Society of Lethbridge:

Founded in 1989, Interfaith Food Bank Society of Lethbridge (Interfaith Food Bank) provides food and resources to people of various situations including single-parenthood, seniors on fixed incomes, the under or unemployed, or those with other social or economic challenges. The charity distributes food and clothing, refers people to other community and government agencies, and operates a community kitchen and garden.  

Interfaith Food Bank served 1,537 clients per month in F2018. Of these clients, 56% were women, 40% were children, 21% were indigenous people, 6% were new Canadians, and 3% were seniors. In addition, 37% of clients have no income or rely on social assistance, pension, employment insurance, or student loans for income, and 24% of clients rely on wage-based income.  

Interfaith Food Bank’s food program distributed 776,125 pounds of food via 7,894 monthly food hampers as well as 960 diabetic bundles, 560 baby bundles, and 228 pregnancy bundles. In addition, the charity distributed 84 clothing vouchers and 735 Christmas hampers where families received food to cook a turkey dinner. The charity’s Project Protein program sources animals from the livestock industry and covers the processing fee to supply ground meat for food bank clients. In F2018, the food bank distributed almost 4,000 pounds of ground meat.  

The Interfaith Chinook Country Kitchen runs cooking classes that teach participants to cook heathy meals on a limited budget. In F2018, the kitchen ran 343 adult sessions, 78 youth sessions, and 13 family cooking classes, which collectively prepared 4,372 meals.  

The Interfaith Learning Garden produces fruits and vegetables for use in the charity’s cooking classes and food distribution program. In addition, the charity runs workshops where clients can learn about growing food. In F2018, the garden produced 1,406 pounds of produce and ran workshops with 1,712 participants.  

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Results and Impact

Interfaith Food Bank Society of Lethbridge reported seeing the first decrease in clients requesting emergency food in five years. 1,092 fewer households (12% decrease) and 3,634 fewer individuals (16% decrease) were provided with food hampers in F2018 compared to F2017. 

Charity Intelligence has given Interfaith Food Bank Society of Lethbridge an Average impact rating based on demonstrated impact per dollar spent.

Impact Rating: Average

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Finances

Interfaith Food Bank Society of Lethbridge is a medium-sized charity, receiving $2.2m in monetary donations and special events fundraisingalong with $1.6m in donated food in F2018. Administrative costs are 13% of revenues (excluding investment income), and fundraising costs are 1% of cash donations. For every dollar donated, 86 cents go towards the charity’s programs, which is within Ci’s reasonable range for overhead spending. Interfaith Food Bank Society of Lethbridge has negative funding reserves because it has long term debt of $389k. Excluding this debt and the cost of donated food, funding reserves of $336k can cover program costs for 2.5 years.   

This is a new report that was sent to Interfaith Food Bank Society of Lethbridge for review. Changes and edits may be forthcoming.  

Profile created on July 19, 2019 by Caroline McKenna.  

Financial Review


Financial Ratios

Fiscal year ending December
201820172016
Administrative costs as % of revenues 12.8%11.7%9.8%
Fundraising costs as % of donations 1.0%0.7%0.6%
Total overhead spending 13.9%12.4%10.4%
Program cost coverage (%) (3.3%)15.0%1.2%

Summary Financial Statements

All figures in $s
201820172016
Donations 1,882,3872,091,4442,102,102
Goods in kind 1,564,7811,711,0331,830,202
Business activities (net) 41,92631,80321,633
Special events 299,639332,349378,894
Investment income (15,762)(17,098)(18,657)
Other income 6282,08518,489
Total revenues 3,773,5994,151,6164,332,663
Program costs 130,580112,331108,661
Grants 1,564,7811,711,0331,830,202
Administrative costs 486,526487,454427,975
Fundraising costs 22,10717,30413,575
Other costs 20,20719,10523,998
Total spending 2,224,2012,347,2272,404,411
Cash flow from operations 1,549,3981,804,3891,928,252
Capital spending 663,50660,4650
Funding reserves (53,215)272,87322,466

Note: Ci has included the value of donated food in revenues, increasing total revenues by $1.6m in F2018, $2.1m in F2017, and $2.1m in F2016. Ci has reported Learning Garden revenues and investment income net of expenses, affecting revenues by ($26k) in F2018, ($22k) in F2017, and ($23k) in F2016, and affecting expenses by ($933) in F2018, ($566) in F2017, and ($379) in F2016.

Salary Information

Full-time staff: 6

Avg. Compensation: $56,977

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
2
< $40k
4

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.interfaithfoodbank.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

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