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

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.

89%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 89 cents are available for programs.



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OVERVIEW

About Regina & District Food Bank:

Founded in 1983, Regina Food Bank (RFB) serves hungry people in Regina by providing programs and services directly and through partnerships in the areas of food provision, essential skills development and connections to community supports and opportunities. RFB’s hope is 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 three programs; Food Hampers, Non Food Reclamation, and Financial Literacy.

Food Hampers accounted for 92% of program spending in F2021. The program delivers food hampers with seven to ten days’ worth of food to clients every two weeks. Hampers are delivered both directly by the Regina Food Bank and through our network of over 120 community partners. RFB distributed 64,130 hampers in F2021. The hampers helped 71,555 people, a 91% increase over 37,534 people in F2020.

Non Food Reclamation accounted for 7% of program spending in F2021. The program partners with retail partners to distribute non food products such as hygiene, cleaning, school, and baby products. RFB has 104 local partners, five of which were new in F2021. RFB distributed 141,542 pounds of product in F2021, a 37% increase over 102,764 in F2020.  

RFB’s Financial Literacy program accounted for the final 1% of program spending in F2021. The program is an online course that aims to increase financial literacy and develop knowledge, skills, and confidence to make financial decisions that fit with your life. The course is made of three main sections: Budgeting, Banking, and Credit/Debt. In 2019, 217 people took a financial literacy class.

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Results and Impact

71,555 people accessed food through the Regina Food Bank who may otherwise not have been able to.

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

Impact Rating: Good

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Finances

Regina Food Bank has donations of $3.4m in F2021. The charity received $962k in government funding, representing 8% of total revenues. Administrative costs are 10% of revenues (less investment income) and fundraising costs are 2% of donations. This results in total overhead spending of 11%. For every dollar donated, 89 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

Regina Food Bank has $3.3m in funding reserves. The charity could cover 177% or around 1 year and 9 months of annual program costs with current reserves. 

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

Updated on February 16th 2022 by Brenleigh Jebb and Kate Bahen.

Financial Review


Financial Ratios

Fiscal year ending March
202120202019
Administrative costs as % of revenues 8.9%4.8%3.5%
Fundraising costs as % of donations 2.4%4.1%5.9%
Total overhead spending 11.4%9.0%9.4%
Program cost coverage (%) 177.0%88.9%38.4%

Summary Financial Statements

All figures in $000s
202120202019
Donations 3,4012,1631,749
Goods in kind 6,6897,5638,339
Government funding 9635130
Business activities (net) 636658610
Investment income 1595
Other income 9(7)5
Total revenues 11,71210,43710,739
Program costs 1,8681,5511,773
Donor-designated donations 6,6897,5638,339
Administrative costs 1,043505374
Fundraising costs 8389103
Other costs 357
Total spending 9,6859,71310,597
Cash flow from operations 2,027724142
Capital spending 21370
Funding reserves 3,3061,379680

Note: Ci reported government funding from the charity’s T3010 filing with the CRA 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 costs. Ci reported the cost of donated food, affecting revenues and expenses by $6.7m in F2021, $7.6m in F2020, and $8.3m in F2019 and reported a bad debt affecting revenues and expenses by $7k in F2021 and ($7k) in F2020. Ci was unable to report business costs net. 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. Amortization was reported affecting revenues and expenses by $161k in F2021, $177k in F2020, and $194k in F2019.

Salary Information

Full-time staff: 23

Avg. compensation: $45,905

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
1
$40k - $80k
7
< $40k
1

Information from most recent CRA Charities Directorate filings for F2021

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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