Sanctuary Ministries of Toronto
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
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.
97%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 97 cents are available for programs.
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OVERVIEW
About Sanctuary Ministries of Toronto:
Sanctuary Ministries of Toronto is a 1-star rated charity. It is not financially transparent and has a D in results reporting, meaning it publicly reports little of its programs and results. Please read Charity Intelligence's report before donating.
Founded in 1992, Sanctuary Ministries of Toronto (Sanctuary) is a Christian charity that supports poor and homeless individuals. Sanctuary runs a healthcare clinic, an arts program, street outreach, and community meals.
Every week, the charity runs a virtual church service, an art studio, a women’s group, community meals, and an alcoholics anonymous meeting. The charity reports that 300 people eat together weekly at the meals. The health clinic has 250 active patients, with 800 unique visits yearly.
Sanctuary Ministries of Toronto operated a social enterprise business, Switchback Cyclery, a retail and repair bike shop. The charity sold the enterprise in May of 2020. The business hired people with limited education, work experience, or a criminal record who may have had trouble finding a job in the traditional labour market.
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Results and Impact
Charity Intelligence did not find any quantified outcomes on the Sanctuary Ministries of Toronto website. This may not be a complete representation of Sanctuary Ministries of Toronto’s results and impact.
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Finances
Sanctuary Ministries of Toronto received $2.6m in F2020. Administrative costs are 3% of revenues and the charity does not report any fundraising costs. For every dollar donated, 97 cents go to the cause. This is outside Ci’s reasonable range for overhead spending. Extremely low overhead costs sometimes means that the charity may not be reporting accurately.
Sanctuary has $1.5m in funding reserves which could cover program costs for just over eight months.
Sanctuary Ministries of Toronto is not financially transparent. Audited financial statements are available only through an official request from the CRA.
This charity report is an update that has been sent to Sanctuary Ministries Toronto for review. Changes and edits may be forthcoming.
Updated on July 21, 2022 by Ann Lei.
Financial Review
Fiscal year ending December
|
2020 | 2019 | 2018 |
---|---|---|---|
Administrative costs as % of revenues | 2.8% | 4.1% | 3.9% |
Total overhead spending | 2.8% | 4.1% | 3.9% |
Program cost coverage (%) | 69.0% | 58.7% | 81.5% |
Summary Financial StatementsAll figures in $s |
2020 | 2019 | 2018 |
---|---|---|---|
Donations | 2,604,878 | 1,409,286 | 1,566,712 |
Government funding | 207,250 | 181,000 | 183,275 |
Fees for service | 127,905 | 399,130 | 426,321 |
Business activities (net) | (201,776) | (333,180) | (200,533) |
Other income | 0 | 0 | 0 |
Total revenues | 2,738,257 | 1,656,236 | 1,975,775 |
Program costs | 2,244,463 | 1,744,251 | 1,491,071 |
Administrative costs | 76,435 | 68,535 | 76,399 |
Other costs | 0 | 0 | 0 |
Total spending | 2,320,898 | 1,812,786 | 1,567,470 |
Cash flow from operations | 417,359 | (156,550) | 408,305 |
Capital spending | 5,000 | 25,434 | 3,272 |
Funding reserves | 1,549,030 | 1,024,027 | 1,214,811 |
Note: Ci has consolidated the income statements from the charity’s general fund, capital asset fund, and Ontario Ministry of Health (MOH) fund. Ci reported Switchback Cyclery sales net of costs, affecting total revenues and expenses by ($313k) in F2020, ($657k) in F2019, and $573k in F2018. Ci took program and administrative costs from the charity’s T3010 filing with the CRA.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
1 |
$40k - $80k |
9 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2020
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-922-0628