CharityIntelligence Canada

FoodShare

120 Industry Street – Unit C
Toronto, ON M6M 4L8
Executive Director: Paul M. Taylor
Board Chair: Suman Roy

Website: www.foodshare.net
Charitable Reg. #: 10739 2359 RR0001
Sector: Social Services - Food Bank (Multi-Service Agency)
Operating Charity

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]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

95¢
75¢
avg
65¢
50¢
2016 2017 2018
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Impact Rating: Low

Full-time staff #49

Avg. Compensation $51,851

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 10
< $40k 0
Information from most recent CRA Charities Directorate filings for F2017

About FoodShare:

Founded in 1985, FoodShare is a Toronto-based social enterprise and community development charity that aims to improve access to fresh produce, encourage healthy eating, and build sustainable neighbourhoods. FoodShare’s mission is to increase knowledge and access to good healthy foods.” FoodShare Toronto operates based on principles of food justice - the charity recognizes that marginalized and vulnerable groups have reduced access to healthy food due to inequalities in the food system. For example, low socioeconomic status influences what neighbourhood you live in, which impacts your distance to a grocery store and/or ability to afford fresh food. In 2018, FoodShare's programs reached 264,089 people across Toronto. 

FoodShare’s Growing programs include support for the development of community gardens, workshops to teach people about gardening, and a mid-scale composting system to produce nutrient-rich soil. In 20187,60lbs of produce were harvested from school gardens. Further, FoodShare’s workshops trained 8,368 people to grow food.   

FoodShare’s Fresh Produce programs include delivering food boxes filled with healthy food, referring community members to local low-cost food programs, delivering affordable fruits and vegetables to schools, daycare centers and community hubs. In 2018, FoodShare delivered 1,686,076 pounds of fresh food across Toronto neighbourhoods. FoodShare also operated 46 Food Markets to provide affordable produce in low-access areas. 

FoodShare’s Cooking programs include operating a catering company where proceeds are given to the charity, providing individuals with access to a professional kitchen, delivering soup in the winter, and cooking meals for its staff, volunteers and guests. In addition, FoodShare runs 826 student nutrition programs that reached 208,766 kids in F2018.  

FoodShare recognizes the importance of reconciliation and working with indigenous communities who are vulnerable to a lack of access to healthy food. In 2018, the charity co-created the Indigenous Advisory Circle to advise programming, policies and advocacy work. The circle sets the agenda for advancing Indigenous food sovereignty. 

Results and Impact:

FoodShare Toronto aims to increase access to healthy food for all, especially in vulnerable communities. In F2018, FoodShare’s Mobile Good Food Markets distributed affordable produce at 10 stops. This program serves communities known as food deserts, neighbourhoods where grocery stores are too far away or too expensive for residents.

FoodShare’s Growing programs resulted in 95% of gardeners sharing the yields with others, and 42,821 pounds of organic material diverted from landfills to be composted into nutrient-rich soil.

Financial Review:

FoodShare Toronto is a medium-sized charity with donations and special events revenues of $2.6m in 2018. Administrative costs are 4% of revenues (excluding investment income), and fundraising costs are 9% of donations. For every dollar donated to the charity, 88 cents go towards FoodShare’s programs, which is within Ci’s reasonable range for overhead spending. FoodShare Toronto has funding reserves of $1.4m. This results in a program cost coverage ratio of 34%, meaning the charity can cover annual programs for 4 months using its existing reserves. 

This charity report is an update that was sent to FoodShare Toronto for review. Changes and edits may be forthcoming. 

Updated on June 28, 2019 by Caroline McKenna. 

Financial Ratios

Fiscal year ending December
201820172016
Administrative costs as % of revenues 3.8%3.1%3.7%
Fundraising costs as % of donations 8.6%10.4%9.2%
Program cost coverage (%) 33.9%27.8%27.4%

Summary Financial Statements

All figures in $s
201820172016
Donations 2,461,4361,872,2422,448,896
Government funding 1,402,5261,392,5101,447,854
Fees for service 128,32871,66322,774
Business activities (net) 745,749768,546708,094
Special events 148,981173,237148,536
Investment income 56,85323,22322,754
Total revenues 4,943,8734,301,4214,798,908
Program costs 4,238,8264,112,5804,214,052
Administrative costs 184,857130,772176,399
Fundraising costs 223,121212,628237,857
Other costs 0111,484497
Cash flow from operations 297,069(266,043)170,103
Funding reserves 1,435,4331,142,6351,154,914
Note: Ci has adjusted amortization of deferred capital contributions, adjustment for deferred donations and cost of goods sold affecting revenues by ($1.5m) in F2018, ($2.2m) in F2017, and ($2.1m) in F2016. Ci has adjusted for cost of goods sold affecting expenses by ($1.6m) in F2018, ($1.8m) in F2017, and ($2.0m) in F2016.