United Way of Oakville
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
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.
76%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 76 cents are available for programs.
My anchor
Programs
About United Way of Oakville:
Founded in 1967, United Way Oakville (UWOAK) raises funds for local charities in Oakville. In 2015, it gave money to 33 local charities, funding 54 programs that reach 34,000 people. Its key granting focus is education, poverty and mental health. United Way Oakville also works with the government and unions to tackle community social problems.
UWOAK granted $2.2m to community programs in F2015. No exhaustive list of the funded charities is provided but includes: $323k to Halton Family Services, $218k to Big Brothers Big Sisters Halton, $127k to Distress Centres Oakville, $103k to Radius Children and Youth Services, and $103k to ROCK, an Oakville youth outreach centre. Its funded charities treat children affected by drug and interpersonal abuse. United Way Oakville funded Food for Life Canada that fed 6,000 meals to poor people. United Way Oakville also gave Community Living Oakville $46k that helps house and provide independent living to 118 people with disabilities. United Way Oakville runs a telephone help line, “211.” This help line gives free information and references in multiple languages to community services.
The mental health campaigns create more awareness of mental health issues, especially in children and youth. Since 2012, United Way Oakville ran the “Can You See Me?” campaign to reduce the stigma around mental health. UWOAK reports that 89% of corporate employees now view mental health differently than before.
Donor Advisory: United Way Oakville, United Way Burlington & Greater Hamilton, United Way Halton Hills and United Way Milton have officially merged to form United Way Halton and Hamilton on April 1st, 2017.
My anchor
Finances
United Way of Oakville is a medium-sized charity which received donations and special event revenues of $4.3m in F2015. Administrative costs are 4% of revenues and fundraising costs are 20% of donations. Total overhead costs come to 24%, which falls within Ci’s reasonable range. UWOAK has funding reserves of $3.9m of which $300k are donor-endowed. Total reserves can cover UWOAK’s annual program costs 1.5 times.
This charity report is an update that is being reviewed by United Way of Oakville. Changes and edits may be forthcoming.
Updated on June 9th, 2016 by Mirza Ali Shakir.
Financial Review
Fiscal year ending March
|
2015 | 2014 | 2013 |
|---|---|---|---|
| Administrative costs as % of revenues | 4.3% | 4.5% | 4.0% |
| Fundraising costs as % of donations | 20.1% | 18.8% | 19.2% |
| Program cost coverage (%) | 148.7% | 147.3% | 151.7% |
Summary Financial StatementsAll figures in $s |
2015 | 2014 | 2013 |
|---|---|---|---|
| Donations | 4,172,915 | 4,166,900 | 3,975,962 |
| Government funding | 26,458 | 12,310 | 0 |
| Special events | 140,200 | 134,743 | 145,900 |
| Investment income | 280,668 | 346,007 | 201,603 |
| Other income | 26,977 | 9,213 | 121,629 |
| Total revenues | 4,647,218 | 4,669,173 | 4,445,094 |
| Program costs | 398,411 | 384,279 | 357,435 |
| Grants | 2,242,965 | 2,275,762 | 2,286,871 |
| Donor-designated donations | 865,020 | 656,021 | 561,565 |
| Administrative costs | 189,499 | 195,413 | 168,736 |
| Fundraising costs | 864,642 | 808,875 | 790,222 |
| Other costs | 0 | 0 | 33,900 |
| Cash flow from operations | 86,681 | 348,823 | 246,365 |
| Funding reserves | 3,928,528 | 3,919,405 | 4,010,956 |
Note: Ci has removed administrative costs from program expenses to report administrative costs separately.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
2 |
$40k - $80k |
8 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2015
My anchor
Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it.