Canadian Food For Children

40 King Georges Rd
Toronto, ON M8X 1L3
Executive Director: Helen McGuire
Board Member: Dr. Andrew Simone

Website: www.canadianfoodforchildren.net
Charitable Reg. #: 11883 1080 RR0001
Sector: International Aid
Operating Charity

Donor Accountability

Grade: C-

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 available only upon request [ 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¢
2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #3

Avg. Compensation $25,785

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 0
< $40k 3
Information from most recent CRA Charities Directorate filings for F2016

About Canadian Food For Children:

Founded in 1985, Canadian Food for Children (CFC) is a Christian organization that works to feed the poor. CFC reports that it delivers food to people in 18 to 22 developing countries. It also reports that for every dollar donated, CFC can provide 20 nutritious meals in the developing world. Canadian Food for Children operates a warehouse in Mississauga, Ontario where food is packaged and prepared for shipment. 

In F2016, Canadian Food for Children sent out 290 shipments for a total weight of 4.5 million kilograms of food and other goods. The largest recipients of shipments were El Salvador with 830,624 kg, Sierra Leone with 762,413 kg and Honduras with 751,159 kg of food and goods.

It is not clear from information on the charity’s website why Canadian Food for Children has chosen this model as opposed to purchasing food locally in the countries of operation and contributing to local, community-based food security. In F2016, transportation costs for the shipments accounted for 34% of the charity’s expenses.

Financial Review:

Canadian Food for Children is a large charity, with monetary and goods-in-kind donations of $6.4m in F2016. Its administrative costs are 3% of revenues and the charity does not disclose fundraising costs. For every dollar donated to the charity, 97 cents goes to the charity’s programs, falling outside of Ci’s reasonable range. The charity does not report its fundraising expenditures in its financial statements or in its T3010 filing. The charity’s funding reserves of $959k result in a program cost coverage ratio of 16%. This means that it can cover 2 months of its programs using its existing reserves.

NOTE: The charity does not have audited financial statements. The statements provided are Notice to Reader statements. 

This charity report is an update that is being reviewed by Canadian Food for Children. Changes and edits may be forthcoming.

Updated on August 4, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending December
201620152014
Administrative costs as % of revenues 2.8%2.1%3.1%
Fundraising costs as % of donations 0.0%0.0%0.0%
Program cost coverage (%) 15.9%10.5%17.0%

Summary Financial Statements

All figures in $000s
201620152014
Donations 3,3402,8727,227
Goods in kind 3,0983,9060
Investment income (43)(8)17
Total revenues 6,3956,7707,244
Program costs - International 6,0377,1437,034
Program costs - Canada 000
Grants 01115
Administrative costs 179141226
Fundraising costs 000
Other costs 333
Cash flow from operations 176(527)(33)
Funding reserves 9597491,196
Note: Ci has adjusted foreign exchange gains/losses affecting revenues and expenses by ($58k) in F2016, ($7k) in F2015 and by $9k in F2014

Comments added by the Charity:

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