2019/2020 has been FareShare’s biggest year yet with a huge increase in the number of community groups benefiting from our service. The number of charities that we support increased to 10,962 and the number of people accessing FareShare food each week rose to 933,178.
The food we redistributed contributed towards 57.3 million meals and saved the charity sector £14.1 million.
FareShare Annual Report and Financial Statements 2018/2019
Our socio-economic impact report, carried out by NEF Consulting, confirms that by collecting food that would otherwise go to waste and redistributing it to good causes, FareShare saves the UK economy approximately £51 million every year.
This means that by collecting food that would otherwise go to waste and redistributing it to charity and community groups, FareShare creates approximately £50.9 million of social-economic impact each year. This is made up of £6.9 million in social value to the beneficiaries themselves and £44 million in savings to the State (i.e. to the NHS, the criminal justice system, to schools and social care).
FareShare is making a huge contribution to the resources of the thousands of community organisations we supply food to and to the services they can provide to their beneficaries. The NatCen report ‘Saving Money, Improving Lives’ demonstrates that, by receiving food from FareShare, these frontline organisations are better equipped to provide the adequate support to get people back on their feet.
