8345 Winston St.
Vancouver, BC V5A 2H3
Board Chair: Cheryl Shkurhan
CEO: David Long

Charitable Reg. #:10744 9787 RR0001

STAR RATING

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

[Charity Rating: 4/4]

✔+

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.

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.

72%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 72 cents are available for programs.



My anchor

Programs

About Greater Vancouver Food Bank:

Founded in 1983, Greater Vancouver Food Bank (GVFB) assists those in need of food support through various food programs. The charity recognizes that distributing emergency food alone is not a long-term solution. Through its three-pronged approach, GVFB aims to provide high quality food, improve food knowledge and cooking skills, and promote food access in a welcoming and dignified environment 

The charity collects, purchases, and distributes food through GVFB-run community food hubs and partner-run community agencies in Vancouver, Burnaby, New Westminster and North Vancouver. In F2019, Greater Vancouver Food Bank distributed 4.1 million pounds of food, 55% of which was perishable. Purchases account for 41% of the food distributed by weight. GVFB reported that food quality measured at 75% (up from 67% in F2018) based on rankings established by a registered dietitian in accordance with guidelines set by the BC School Food Guidelines to Community Food Hubs and Agencies. In total, 27,500 people use GVFB’s services weekly, 25% of whom are children. 

GVFB runs 13 community food hubs where about 8,200 low income households can select groceries every weekIn F2019, 2.5 million pounds (68% of total pounds) of food were distributed at community food hubs. Community food hubs had 265,491 client visits in F2019 

GVFB’s 75 community agencies receive food and training support from the charity. In F2019, GVFB supported 31 agency food banks that served 10,600 people, 57 meal programs that provided 90,379 meals, as well as 50 community kitchens 

GVFB runs food skills workshops to build knowledge and skills regarding healthy diets. In F2019, GVFB ran 15 workshops and 26 food demonstrations and tastings.  

My anchor

Results and Impact

Charity Intelligence scores Greater Vancouver Food Bank as Average Impact based on its demonstrated impact per dollar spent.

Greater Vancouver Food Bank reports that its position in the local food system and partnerships with producers allows the charity to purchase $3 worth of food for every $1 donated. 

Impact Rating: Average

My anchor

Finances

Greater Vancouver Food Bank is a large-cap charity with monetary donations of $7.2m and food donations of $5.3m in F2018. Administrative costs are 11% of total revenues (excluding investment income), and fundraising costs are 17% of cash donations. For every dollar donated, 72 cents go to the cause, which is within Ci’s reasonable range for overhead spending. GVFB has total funding reserves of $7.1m. Excluding the cost of donated food, GVFB’s funding reserves cover program costs for 1.6 years. 

This report is an update that has been reviewed by the charity.  

Updated on July 12, 2019 by Caroline McKenna. 

Financial Review


Financial Ratios

Fiscal year ending June
201820172016
Administrative costs as % of revenues 10.6%7.5%6.2%
Fundraising costs as % of donations 17.1%18.5%21.2%
Total overhead spending 27.7%26.0%27.4%
Program cost coverage (%) 74.0%61.1%180.7%

Summary Financial Statements

All figures in $000s
201820172016
Donations 7,2366,3055,705
Goods in kind 5,2787,0368,024
Investment income 184161109
Total revenues 12,69813,50213,837
Program costs 4,3143,5693,118
Grants 5,2787,0168,024
Administrative costs 1,3281,004846
Fundraising costs 1,2361,1641,210
Total spending 12,15612,75313,198
Cash flow from operations 542749640
Capital spending 880325177
Funding reserves 7,0996,4685,633

Note: Ci includes donated food in kind in its revenue and expense calculations. Amortization was removed from program, admin, and fundraising costs on a pro-rata basis. 

Salary Information

Full-time staff: 38

Avg. Compensation $60,324

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
1
$120k - $160k
0
$80k - $120k
3
$40k - $80k
6
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

My anchor

Comments & Contact

Comments added by the Charity:

The Greater Vancouver Food Bank is dedicated to running an efficient, sustainable organization that addresses food insecurity in the communities we support.  We strive to continuously make the most effective use possible of the contributions entrusted to us by our generous donors. We value and include our clients’ voices in the assessment of our current programs at the GVFB, and in the development of future programing. Our unique position in the food system allows us to share robust data with stakeholders who are addressing and working toward solving hunger in British Columbia. We believe that food is a basic human right and that no one should go hungry.

Charity Contact

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

Print