191 New Toronto Street
Toronto, ON M8V 2E7
CEO: Neil Hetherington
Board Chair: Ben Wise

Charitable Reg. #:11888 1549 RR0001


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

[Charity Rating: 5/5]



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



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



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 85 cents are available for programs.

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About Daily Bread Food Bank:

Daily Bread Food Bank is a 5-star rated charity. It has an above average results reporting grade and its overhead costs are within Ci’s reasonable range for overhead spending. The charity has $33.6m in reserve funds that can cover its program costs for a year and eight months. Daily Bread Food Bank is financially transparent.

Founded in 1983, Daily Bread Food Bank (Daily Bread) fights hunger and poverty in the Toronto Area. It does this by providing access to food through food banks and advocating for social change in the community. According to the charity’s 2022 Who’s Hungry report, 1.68 million food bank visits were recording in Toronto during the reporting period. This is a 16% increase from the 1.45 million recorded prior. 96% of food bank clients live below the poverty line of $24,720 annually. Daily Bread Food Bank reports that according to Statistics Canada, one in five Canadians state they will need food bank support if prices continue to rise. The charity has two main programs: Food Preparation and Distribution, and Research and Advocacy.

Food Preparation and Distribution – 93% of program spending

Daily Bread Food Bank distributes affordable meals for those living in poverty. It does this through 128 member agencies and 193 food programs. In F2022, it distributed 18,663,088 lb of food, increasing 11% from 16,851,374 lb in F2021. This consisted of vegetables (6,859,450 lb), grains (2,915,750 lb), dairy products (2,854,571 lb), meats and alternatives and fruit. The amount of food distributed has steadily increased since 2019. The charity reports that it re-distributed 2.9 million lb of fresh produce from 16 farmer partners. It also states that it prepared 157,808 meals in its kitchen. In F2022, the charity served 150,206 unique clients and had 1,574,958 client visits. Over 1,200 volunteers provided 51,742 hours of work. The charity opened new food centres in Agincourt and South Etobicoke. Daily Bread Food Bank aims to provide all clients with three days worth of food per weekly visit by 2024.

Research and Advocacy – 7% of program spending

Daily Bread Food Bank advocates for policy change to address poverty and hunger in Toronto. In F2022, it partnered with the University of Calgary to expose the links between government policies and the number of food bank visits. It also partnered with the University of Toronto to understand how program design and location impact food bank access. Daily Bread Food Bank published its F2022 Who’s Hungry report. This report highlights key statistics on food bank use and hunger in Toronto. It assembles data from 1,165 surveys, three follow-up phone calls and Link2Feed data. The charity also collected 27,407 signatures for a petition asking the Ontario government to commit to a 50% reduction in poverty by 2030. It also helped send 718 letters and held 25 meetings to advocate for policy changes. In F2022, Daily Bread Food Bank launched a new podcast called Ending Poverty in Canada by 2030. This podcast discusses the necessary measures to end poverty in the country by 2030.

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Results and Impact

The charity distributed 18,663,088 lb of food to 150,206 unique clients. On average, each client received 124 lb of food in F2022. In F2021, Daily Bread Food Bank reported that clients received 2.7 days worth of food per visit. The charity aims to make this three days of food per visit by 2024.

Through its advocacy work, Daily Bread Food Bank supported the adoption of Inclusionary Zoning at the City. All four provincial parties committed to raising the rates for the Ontario Disability Support Porgram (ODSP), a recommendation made by Daily Bread. The charity also successfully advocated for the Toronto Fair Pass Program.

While Ci highlights these key results, they may not be a complete representation of Daily Bread’s results and impact.

This charity is not yet rated for impact (n/r).


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Daily Bread Food Bank received $25.4m in monetary donations and $34.4m in food donations in F2022. Daily Bread’s administrative costs are 1% of revenues (excluding investment income) and fundraising costs are 13% of cash donations. This results in overhead costs of 15%. This means that for every dollar donated, 85 cents are available for the charity’s programs. This is within Ci’s reasonable range for overhead spending. In F2022, Daily Bread Food Bank had $33.6m in funding reserves in its General Fund and Food Fund, which can cover program costs for 1.7 years. 

Daily Bread paid external fundraisers $204k in F2022 to raise $405k for a cost of $0.51 per dollar raised.  

Charity Intelligence has sent this update to Daily Bread Food Bank for review. Comments and edits may be forthcoming.  

Updated on June 5, 2023 by Victoria Allder.  

Financial Review

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 1.4%1.3%1.3%
Fundraising costs as % of donations 13.2%9.5%10.3%
Total overhead spending 14.6%10.8%11.6%
Program cost coverage (%) 169.3%317.4%206.6%

Summary Financial Statements

All figures in $000s
Donations 25,38530,00425,286
Goods in kind 34,37429,32225,006
Government funding 11911281
Fees for service 2519167
Investment income (1,736)22984
Other income 161609871
Total revenues 58,32860,29451,495
Program costs 12,2828,6507,638
Grants 7,5681,726927
Donated goods exp 34,37429,32225,006
Administrative costs 862769652
Fundraising costs 3,3512,8442,610
Total spending 58,43743,31136,832
Cash flow from operations (109)16,98314,664
Capital spending 502841211
Funding reserves 33,60432,92917,689

Note: Ci adjusted for deferred contributions, affecting revenue by $59k in F2022, ($208k) in F2021 and $111k in F2020. Ci removed amortization for deferred capital contributions from revenue, affecting revenue by ($151k) in F2022, ($118k) in F2021 and ($117k) in F2020.

Salary Information

Full-time staff: 93

Avg. compensation: $60,621

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

The comment below was added to a previous profile, in the summer of 2022. We hope an updated comment comes in and will post it here if it does.


Food bank visits in Toronto have almost tripled since 2019, rising from pre-pandemic numbers of 60,000 client visits monthly to 171,631 in June 2022. Daily Bread in consultation with economists, the City of Toronto and internal forecasting team, anticipate that number rising to over 200,000 by the end of this fiscal year.

The Board of Directors, with Management, set an ambitious promise to the city that regardless of the number of people coming to food banks, 3 days’ worth of food weekly would be provided to each client. That promise has been kept through the pandemic despite the extraordinary growth in client visits, and food received by clients increased by 17%. Food purchases increased from $1.9M in 2019 to over $12M budgeted for fiscal 2022-23. In addition, $5.9M in new grants have been distributed to Daily Bread’s member agency network to build supply chain resiliency in community programs. Through these grants, agencies have been able to purchase additional food, appliances and even add storage solutions to their space, to help them better meet the needs in their communities. Over the next year an additional $4M in grants are expected to be distributed.

Our previous experience has shown that we have to prepare for the future, as much as we deal with the needs of today. We need to be strategic about how we utilize the reserve in order to address the expected growing need for our services within a challenging economic climate.

Historically, food bank visits continue to increase for at least two years following the start of a recession. Continuous impacts of the pandemic, the looming recession, rapidly rising inflation, and interest rate increases are combining for an unprecedented storm on top of a difficult situation.

Daily Bread’s Board of Directors monitor and oversee the financial reserves within their governance capacity to balance immediate food distribution and forecasted expenditures. The Board-approved strategic deployment of our reserve funds is forecasted to deplete our surplus reserves over the next 3.5 years.

Charity Contact

Website: www.dailybread.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-203-0050


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Charitable Registration Number: 80340 7956 RR0001