Food for the Poor Canada

1235 Bay St, Suite 700
Toronto, ON M5R 3K4
Executive Director: Samantha Mahfood
Board Chair: Richard Verasamy

Charitable Reg. #:890759970 RR 0001

STAR RATING

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

[Charity Rating: 4/5]

✔+

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.

n/r

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.

69%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 69 cents are available for programs.



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OVERVIEW

About Food for the Poor Canada :

Food For The Poor Canada is a 4-star charity. It is financially transparent and has an above-average results reporting grade. It has reasonable overhead costs and funding reserves. 

Founded in 1991 and fully operational in 2008, Food For The Poor Canada (FFTP Canada) is the Canadian branch of Food For The Poor Inc, based in Florida, USA. Food For The Poor Canada provides basic aid and sustainable development to communities in the Caribbean and Latin America. The charity operates through a community-led approach. FFTP Canada asks communities what their needs are and mobilizes to meet them through different partner organizations. Food For The Poor Canada currently works in Haiti, Jamaica, Guyana, Honduras, and the Bahamas. Its head office is in Toronto, ON.

FFTP Canada has five main programs, including Housing, Livelihood and Village, Food, Health, and Education.

Housing – 29% of program spending ($250k): In F2022, FFTP Canada built 16 houses in Haiti. From 2010 to 2022, the charity built a total of 189 homes for families in Haiti, Jamaica and Honduras. In F2022, FFTP also provided 99 families with solar-powered light kits.

Livelihood and Village – 21% of program spending ($181k): In F2022, FFTP Canada developed a chicken farm for an orphanage in Haiti. The charity trained 140 people in empowerment workshops and livelihood, including 13 farmers, 3 beekeepers, and 72 students in Honduras, and 12 families in Guyana in F2022.

Food Security – 17% of program spending ($143k): In F2022, FFTP Canada provided nutritious lunches for 1,430 students in 25 schools every day of the school year in Jamaica. From 2010 to 2022, the charity has given 29,062,720 meals to communities in Jamaica, Haiti, Honduras, and Guyana.

Health – 17% of program spending ($140k): FFTP Canada has funded $40.9m in medicine to communities since 2010. In August 2022, it completed a new health clinic in Honduras. The clinic serves over 1,000 people. 

Education – 16% of program spending ($134k): In F2022, FFTP Canada built two new schools in Jamaica. In total, the charity has built 38 schools and 35 playgrounds in Jamaica and Honduras since 2010. In F2022, it also provided 46 scholarships for kindergarten children in Jamaica, supporting books, lunches, and school fees. The charity sent 400 backpacks filled with school supplies and 400 pairs of shoes to children in Guyana in F2022.

 

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Results and Impact

In August 2022, FFTP Canada finished building a new health clinic in San Antonio, Honduras. This clinic saves many families in surrounding communities from traveling hours to seek medical care. The clinic serves around 1,000 residents and offers general care and treatment for many illnesses. While Ci highlights these key results, they may not be a complete representation of Food For The Poor Canada’s results and impact.

 

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Finances

In F2022, Food For The Poor Canada received $880k in Canadian donations and $2.1m in donated goods-in-kind. Fundraising costs were 27% of donations and administrative costs were 4% of revenues. This results in total overhead spending of 31%. For each dollar donated, 69 cents go to the cause. This is within Ci's reasonable range for overhead spending.

FFTP has $403k in reserve funds. The charity can cover over five months of its annual program costs with its reserves.

This charity report is an update that has been sent to Food For The Poor Canada for review. Changes and edits may be forthcoming.

Updated on June 07, 2023 by Krystie Nguyen.

 

Financial Review


Financial Ratios

Fiscal year ending December
202220212020
Administrative costs as % of revenues 4.4%4.9%1.3%
Fundraising costs as % of donations 26.6%23.4%29.0%
Total overhead spending 31.0%28.3%30.3%
Program cost coverage (%) 47.3%79.5%63.8%

Summary Financial Statements

All figures in $s
202220212020
Donations 879,610885,899861,352
International donations 67,50000
Goods in kind 2,108,2972,028,8558,905,086
Government funding 063,38778,355
Investment income 04,509(23,088)
Total revenues 3,055,4072,982,6509,821,705
Program costs - International 847,772728,2001,039,805
Grants 4,50020,12032,250
Donated goods exp 2,044,3201,960,2008,862,050
Administrative costs 133,555145,120125,827
Fundraising costs 233,895207,613249,886
Total spending 3,264,0443,061,25210,309,822
Cash flow from operations (208,637)(78,602)(488,117)
Capital spending 000
Funding reserves 402,874594,885683,454

Note: Ci adjusted for deferred contributions, affecting revenues by ($280k) in F2022, ($58k) in F2021, and ($286k) in F2020. Ci reported government assistance as government revenue. This affected total revenues and expenses by $63k in F2021 and $78k in F2020.

Salary Information

Full-time staff: 4

Avg. compensation: $78,443

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.foodforthepoor.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-921-4008

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Charitable Registration Number: 80340 7956 RR0001