425-445 Winnipeg Street
Regina, SK S4R 8P2
CEO: John Bailey
Board Chair: Jeff Linner

Charitable Reg. #:11911 3975 RR0001

STAR RATING

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

[Charity Rating: 5/5]

✔+

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.

Good

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.

92%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 92 cents are available for programs.



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OVERVIEW

About Regina & District Food Bank:

Regina & District Food Bank is a 5-star, financially transparent charity with Good demonstrated impact. It has a strong results reporting grade and its overhead spending is within Ci’s reasonable range. The charity has $4.0m in reserve funds, which can cover a year and five months of annual program costs.

Founded in 1983, Regina & District Food Bank (RFB) serves hungry people in Regina. It provides services directly and through partnerships to help with food supplies, skills development and connections to community supports. RFB strives to inspire individuals and the community to work together to address hunger and sustain independence. The charity reports that in Saskatchewan, more than one in ten households and 19% of children experience food insecurity. The charity operates two programs: Food Hampers and Non-Food Reclamation. In F2023, it reports serving 92,619 individuals, a 31% increase compared with F2022.

A Charity Intelligence 2023 Top 100 Rated Charity

Food Hampers – 96% of program spending

Regina & District Food Bank reports that food insecurity in Regina has worsened due to a growing unemployment rate, reaching 7.3% in February 2021. The charity’s Food Hampers program provides food hampers to clients in need every two weeks. These contain seven to ten days worth of food and include canned goods, fresh fruit and vegetables and shelf-stable staples like dry pasta. Hampers are delivered both directly by the Regina Food Bank and through its network of over 120 community partners. In F2023, the charity distributed 75,246 hampers to 33,224 households. Regina Food Bank reports 171,451 food bank visits in F2023, a 42% increase since F2022. Regina Food Bank made 2,407 referrals in F2023 and was a referral for 42 programs and services in the community.

Non-Food Reclamation – 4% of program spending

The Non-Food Reclamation program partners with retail organisations to distribute non-food goods such as hygiene, cleaning and baby products. RFB has 114 local partners, one of which was new in F2023 and 12 of which focus on helping the homeless. RFB distributed 91 pounds of products in F2023.

In F2024, Regina & District Food Bank hopes to open a new centre in downtown Regina that resembles a grocery store, with the goal to reduce stigma.

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Results and Impact

In F2023, Regina & District Food Bank reports diverting 2,993,906 lb of food from landfill.

While Charity Intelligence highlights these key results, they may not be a complete representation of Regina & District Food Bank’s results and impact.

Charity Intelligence has given Regina & District Food Bank an impact rating of Good based on demonstrated impact per dollar spent.

Impact Rating: Good

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Finances

Regina & District Food Bank is financially transparent. Its audited financial statements are publicly available on its website.

Regina & District Food Bank had monetary donations of $3.5m in F2023 and food donations of $9.6m. Administrative costs are 4% of revenues (less investment income) and fundraising costs are 4% of donations. This results in total overhead spending of 8%, which means for every dollar donated, 92 cents are available for programs. This is within Ci’s reasonable range for overhead spending.

Regina Food Bank has $4.0m in funding reserves. The charity could cover 143% or a year and five months of annual program costs (excluding the cost of donated food) with current reserves.

At the time of this profile update, the charity’s F2023 T3010 filing with the CRA is not publicly available. Hence, the most recent employee compensation information is from F2022.

This charity report is an update that has been sent to Regina Food Bank for review. Changes and edits may be forthcoming. 

Updated on July 24, 2023 by Victoria Allder.

Financial Review


Financial Ratios

Fiscal year ending March
202320222021
Administrative costs as % of revenues 3.9%3.9%8.8%
Fundraising costs as % of donations 3.9%3.3%2.3%
Total overhead spending 7.8%7.2%11.1%
Program cost coverage (%) 143.1%160.4%177.0%

Summary Financial Statements

All figures in $000s
202320222021
Donations 3,5252,7813,609
Goods in kind 9,6017,3326,689
Government funding 0449963
Business activities (net) 828741636
Investment income 0715
Other income 108129
Total revenues 14,06211,32211,920
Program costs 2,8002,8031,868
Donated goods exp 9,6017,3326,689
Administrative costs 5514461,043
Fundraising costs 1379183
Other costs 113
Total spending 13,09010,6739,685
Cash flow from operations 9726492,234
Capital spending 1,50029921
Funding reserves 4,0084,4973,306

Note: Ci reported the value of donated food, increasing revenues and expenses by $9.6m in F2023, $7.3m in F2022 and $6.7m in F2021. These are unaudited amounts estimated by the charity. In F2021, Ci reported a bad debt affecting revenues and expenses by $7k. Ci was unable to report business costs net. Ci included gain (loss) on disposal of capital assets in revenues, affecting revenues by ($11k) in F2023, $27k in F2022 and nil in F2021. Ci included amortization of tangible capital assets in expenses, increasing expenses by $515k in F2023, $427k in F2022 and $162k in F2021. In F2022 and F2021, Ci adjusted spending using the charity’s T3010 filing with the CRA. Ci reported government funding from the charity’s T3010 filing and backed out amounts from donations. Ci also reported the charity’s investment and interest income from its T3010 and backed out amounts from other revenues. Ci reported Regina Food Bank’s administrative costs as reported on its T3010 filing. The excess amounts not reported on its audited financial statements were removed from personnel costs, which was reported in program expenses. The F2023 T3010 filing is not available at the time of this charity update, so these adjustments were not made for the most recent year.

Salary Information

Full-time staff: 23

Avg. compensation: $55,177

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
1
$120k - $160k
0
$80k - $120k
1
$40k - $80k
8
< $40k
0

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.reginafoodbank.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 306-791-6533

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Charitable Registration Number: 80340 7956 RR0001