London Food Bank
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
B
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
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.
94%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 94 cents are available for programs.
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Programs
About London Food Bank:
Founded in 1987 by the husband and wife duo of Glen Pearson and Jane Roy, London Food Bank gives food to hungry people in London and distributes additional food to community organizations in Ontario.
In F2018, 42,275 households received food from London Food Bank, representing 102,430 household members. Of these individuals, 64% are under the age of 35. Before receiving food, individuals must participate in an interview, provide proof of any dependents, and other information such as proof of income. Households can only visit the food bank every 30 days while the average household received food four times during F2018. London Food Bank distributed 1.8 million pounds of food to clients (an average just under 43 lbs per household in F2018).
London Food Bank distributed 471,000 pounds of food to other organizations in F2018, representing 21% of all food. The organizations include other food banks and charities in London, school lunch programs, and food banks in Ailsa Craig, Goderich, Ingersoll, Stratford, Strathroy, St. Marys, St. Thomas, and Zurich.
Of the food donated in F2018, 47% was fresh or frozen including fruits and vegetables from local farmers, eggs, milk, bread, and meat. The Community Harvest program collects produce from farmers and grocery stores which cannot be sold and would otherwise be thrown out or tilled back into the soil. London Food Bank also encourages individual gardeners to plan one extra row of seeds in their garden and donate the additional produce.
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Results and Impact
London Food Bank reports that its Community Harvest program has saved almost 1.7 million pounds of produce from being thrown out since the program started in 2010. By giving this food to families in need, 1,500 tonnes of greenhouse gas emissions has been avoided.
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Finances
London Food Bank is a large charity, receiving monetary donations of $1.3m and $4.4m worth of donated food in F2017. Administrative costs are 1% of revenues less investment income, and fundraising costs are 5% of donations. For every $1 donated, 94 cents go to the cause. This is within Ci’s reasonable range for overhead spending. London Food Bank has $1.7m in funding reserves. Excluding donated food, funding reserves could cover program costs for two years.
This charity profile has been sent to London Food Bank for review. Changes and edits may be forthcoming.
Created on June 26, 2019 by Madison Kerr.
Financial Review
Fiscal year ending December
|
2017 | 2016 | 2015 |
|---|---|---|---|
| Administrative costs as % of revenues | 0.9% | 1.1% | 1.2% |
| Fundraising costs as % of donations | 5.2% | 7.2% | 5.9% |
| Program cost coverage (%) | 32.0% | 27.5% | 23.8% |
Summary Financial StatementsAll figures in $000s |
2017 | 2016 | 2015 |
|---|---|---|---|
| Donations | 1,253 | 910 | 1,055 |
| Goods in kind | 4,368 | 4,278 | 5,335 |
| Government funding | 31 | 23 | 75 |
| Investment income | 20 | 26 | 16 |
| Total revenues | 5,672 | 5,237 | 6,481 |
| Program costs | 5,179 | 5,089 | 6,135 |
| Administrative costs | 52 | 59 | 74 |
| Fundraising costs | 65 | 66 | 62 |
| Total spending | 5,338 | 5,213 | 6,271 |
| Cash flow from operations | 376 | 23 | 209 |
| Capital spending | 45 | 90 | 47 |
| Funding reserves | 1,655 | 1,400 | 1,460 |
Note: Ci has estimated the value of donated food in F2015 at $2.50 per pound, increasing revenues and expenses by $5.2m. The charity calculates the value of in-kind food donations at $2.60 per pound in F2017 and $2.50 per pound in F2016 as is recommended by Food Banks Canada. Due to a change in reporting by the charity, in-kind donations includes farmer food donations which was valued at $2.60 per pound in F2017 and at wholesale prices in F2016 and F2015.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
5 |
< $40k |
1 |
Information from most recent CRA Charities Directorate filings for F2017
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Comments & Contact
Comments added by the Charity:
Charity Contact
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