202 Ave. C South
Saskatoon, SK S7M 1N2
Executive Director: Laurie O'Connor
Board Chair: Quinton Osatchuk

Charitable Reg. #:11914 0903 RR0001

STAR RATING

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

[Charity Rating: 3/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

C

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

Good

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.

97%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 97 cents are available for programs.



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OVERVIEW

About Saskatoon Food Bank:

Saskatoon Food Bank is a 3-star, financially transparent charity with a Good impact rating and a below-average C results reporting grade. Its reserve of cash and investments is a reasonable size. For every dollar donated, 97 cents are available to go to the cause.

Founded in 1984, Saskatoon Food Bank and Learning Centre (Saskatoon Food Bank) distributes food across Saskatoon and up to 50 km outside of the city to those in need. The charity gives out containers of food it describes as ‘food hampers’ which contain essentials like whole grain cereal, peanut butter, frozen meat, coffee, and pasta. According to the charity, demand for its services has increased in recent years because of the rising cost of living.

Saskatoon Food Bank runs two program groups: food distribution and community programs. It spent $3.9m on cash program operating expenses and distributed 2,883,517 lb of food in the March 2024 (F2024) fiscal year. The charity did not provide any further breakdown of its spending.

Food distribution is Saskatoon Food Bank’s main program. In F2024, the charity distributed 93,583 food hampers containing 2,883,517 lb of food. Families receive two hampers a month and each hamper contains 2-3 days worth of food (or around 31 lb / hamper). Saskatoon Food Bank did not disclose the number of unique individuals or families who received hampers at the time of this profile update.

Community programs include Saskatoon Food Bank’s jobs training, kitchen skills classes, tax clinic, community garden, and clothing depot subprograms. In F2024, the charity held 65 cooking classes and registered 91 clients into three jobs training streams. Its online tax clinic completed 2,605 tax returns for its clients, its community garden harvested 11,571 lb of fresh produce, and its clothing depot saw 19,015 visitors during F2024.

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Results and Impact

Since Saskatoon Food Bank and Learning Centre spent $4.4m cash on its operations and distributed 2,883,517 lb of food, it spent around $1.51 / lb distributed in F2024.

The charity's online tax clinic saved its clients a combined $12,900,000 across 2,605 completed tax returns, or around $4,952 per tax return filed in F2024.

During F2022, ten participants in its jobs training programs found a job and three pursued post-secondary education. In F2024, the charity reports that 18 of the 91 participants graduated this program. It did not report any additional information.

While Charity Intelligence highlights these key results, they may not fully represent Saskatoon Food Bank and Learning Centre’s full results and impact.

Charity Intelligence gave Saskatoon Food Bank and Learning Centre a Good impact rating. This is based on its demonstrated social impact per dollar spent.

Impact Rating: Good

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Finances

Saskatoon Food Bank and Learning Centre’s audited financial statements follow line-item costing, meaning it does not clearly report program, administrative, and fundraising activities on its financials. This is not a best practice.

In F2024, Saskatoon Food Bank received $6.2m worth of cash donations (86% of cash revenue) and $157k worth of government funding (2% of cash revenue). It also received $13.4m worth of donated goods ($12.9m in donated food, $11k in gift cards, and $535k in non-food basic needs) – a 28% increase from $10.5m worth of donated goods received in F2023.

Administrative costs are 2% of total revenue less investment income and fundraising costs are around 1% of cash donations. Its 3% total overhead spending means that for every dollar donated, 97 cents are available to go to the cause.

In F2024, Saskatoon Food Bank spent $3.9m on its programs and grants – a 9% increase from $3.6m spent in F2023. The charity is in the process of relocating to a new, larger facility. Its purchase of a new property explains why its capital expenditures spiked at $3.1m in F2023.

At the end of F2024, Saskatoon Food Bank had $9.9m worth of net reserves (cash and investments) which covers 253% or just over two years and six months of its annual program spending.

Profile updated by Julian Dranitsaris on June 9, 2025. Comments and corrections may be forthcoming.

Questions? Contact jdranitsaris@charityintelligence.ca

Financial Review


Financial Ratios

Fiscal year ending March
202420232022
Administrative costs as % of revenues 1.7%1.8%2.2%
Fundraising costs as % of donations 1.7%1.3%0.9%
Total overhead spending 3.3%3.1%3.1%
Program cost coverage (%) 253.3%189.2%211.8%

Summary Financial Statements

All figures in $000s
202420232022
Donations 6,2126,5704,400
Goods in kind 13,42410,4918,069
Government funding 157312357
Fees for service 9111994
Business activities (net) 52790
Special events 33324919
Investment income 29610159
Other income 485236
Total revenues 20,61317,97313,034
Program costs 3,7273,3082,963
Grants 175275280
Donated goods exp 13,42410,4918,069
Administrative costs 343315283
Fundraising costs 1089140
Total spending 17,77614,48111,633
Cash flow from operations 2,8373,4921,400
Capital spending 1523,100102
Funding reserves 9,8846,7796,867

Note: 1. LINE-ITEM COSTING: Since Saskatoon Food Bank follows line-item costing, Ci referenced its T3010 when calculating total program, administrative, and fundraising costs. 2. DERERRED DONATIONS: Since Saskatoon Food Bank follows deferred accounting, Ci adjusted donations for changes in deferred donations. This better shows donors year-to-year movements of cash. This affected total revenue by $140k in F2024, ($85k) in F2023, and $207k in F2022. 3. DEFERRED CAPITAL CONTRIBUTIONS: Ci adjusted donations for changes in deferred revenue restricted for capital asset purchases, affecting total revenue by $2.8m in F2024, $3.0m in F2023, and ($nil) in F2022. 4. DONATED GOOD-IN-KIND: Ci included the value of donated goods in both total revenue and expenses, affecting both by $13.4m in F2024, $10.5m in F2023, and $8.1m in F2022.

Salary Information

Full-time staff: 66

Avg. compensation: $33,037

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
2
$40k - $80k
7
< $40k
0

Information from most recent CRA Charities Directorate filings for F2024

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.saskatoonfoodbank.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 306-664-6565

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Charitable Registration Number: 80340 7956 RR0001