Weston King Neighbourhood Centre
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
FINANCIAL TRANSPARENCY
Most recent Audited financial statements available on the charity’s website.
D+
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.
91%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 91 cents are available for programs.
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OVERVIEW
About Weston King Neighbourhood Centre:
Weston King Neighbourhood Centre is a 2-star charity due to its below-average results reporting grade. The charity is financially transparent and has reasonable overhead costs. Before you give, read Charity Intelligence’s report.
Founded in 1993, Weston King Neighbourhood Centre provides essential support for marginalized and vulnerable people in Toronto. In 2013, Weston King opened the Mount Dennis Neighbourhood Centre. Both locations provide meals, clothing, personal hygiene items, showers, laundry facilities, and more. Additionally, Weston King offers people access to newspapers, local housing lists, telephones, the internet, and more. Weston King partners with Central United Church on Tuesdays to serve up to 80 community meals each week.
Weston King Neighbourhood Centre partners with other charities and organizations to offer housing support, harm reduction services, and in-house services. Housing support includes assistance in finding housing, housing follow-up, and eviction prevention. Harm reduction services promote safe drug use and sexual health, including outreach on local streets and bars. In-house services include needle exchange, employment support, informal counselling, and detox facilities.
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Results and Impact
In F2021, Weston King Neighbourhood Centre's Housing Connections program processed more than 50 subsidized applications and approved 93% of Special Priority cases. The Housing program had zero Evictions and all past cases have been successfully closed and discharged.
While Ci highlights these key results, they may not be a complete representation of Weston King Neighbourhood Centre' results and impact.
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Finances
Weston King Neighbourhood Centre received total donations of $192k in F2020. Government funding of $436k made up 43% of total revenues in F2020. Administrative costs are 9% of revenues and the charity reports no fundraising costs. For every dollar donated, 91 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
Weston King Neighbourhood Centre has funding reserves of $139k that can cover less than two months of annual program costs.
This charity report is an update that has been sent to Weston King Neighbourhood Centre for review. Changes and edits may be forthcoming.
Updated on August 2, 2022 by Lin Zhu.
Financial Review
Fiscal year ending December
|
2020 | 2019 | 2018 |
|---|---|---|---|
| Administrative costs as % of revenues | 8.9% | 2.9% | 1.9% |
| Fundraising costs as % of donations | 0.0% | 0.0% | 0.0% |
| Total overhead spending | 8.9% | 2.9% | 1.9% |
| Program cost coverage (%) | 15.8% | 3.7% | 6.4% |
Summary Financial StatementsAll figures in $s |
2020 | 2019 | 2018 |
|---|---|---|---|
| Donations | 191,894 | 128,332 | 115,470 |
| Goods in kind | 376,805 | 532,305 | 585,749 |
| Government funding | 436,466 | 345,406 | 296,816 |
| Other income | 85 | 1,725 | 5,949 |
| Total revenues | 1,005,250 | 1,007,768 | 1,003,984 |
| Program costs | 879,153 | 987,939 | 1,018,544 |
| Administrative costs | 89,813 | 29,546 | 19,492 |
| Fundraising costs | 0 | 0 | 0 |
| Total spending | 968,966 | 1,017,485 | 1,038,036 |
| Cash flow from operations | 36,284 | (9,717) | (34,052) |
| Capital spending | 0 | 8,510 | 14,124 |
| Funding reserves | 138,563 | 36,511 | 64,941 |
Note: Ci removed the amortization of deferred contributions, affecting revenues by ($30k) in F2020, ($53k) in F2019, and ($52k) in F2018.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
3 |
< $40k |
1 |
Information from most recent CRA Charities Directorate filings for F2020
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Comments & Contact
Comments added by the Charity:
Charity Contact
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