36 Lombard St Suite 300
Toronto, ON M5C 2X3
CEO: Keith Hambly
Board Chair: Jawad Kassab

Charitable Reg. #:11893 1377 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 5/5]



Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 93 cents are available for programs.

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About Fred Victor:

Fred Victor is a 5-star rated charity with a high results reporting grade. The charity has low overhead costs and best practices in financial transparency.

Founded in 1894, Fred Victor helps homeless and low-income people access housing, health, and employment services. The charity is based in Toronto and operates over 20 sites across the city. The charity reports that over 10,000 people in Toronto are homeless on any given night. In F2020, Fred Victor amalgamated with the Toronto Christian Resource Centre (CRC), which shared a similar mission of offering housing and support services for people living in Regent Park and downtown Toronto. Fred Victor acquired the 40 Oaks Housing Community in F2020 through its amalgamation; 40 Oaks provides affordable housing for 100 tenants.

The charity operates four main programs: Ending Homelessness, Housing, Health Services, and Income Services. The charity does not disclose how much it spent on each program in F2022.

Through the charity's Ending Homelessness program, Fred Victor operates emergency homeless shelters open 24/7, providing emergency respite care. In F2022, the charity reported supporting 15,947 people at the Emergency Respite Centre, and made 3,766 referrals. Additionally, the charity reports that it supported 398 people experiencing homelessness at the Bethlehem United Shelter.

Fred Victor also operates a Housing program where it helps people secure affordable permanent and transitional housing. The charity reports that in F2022, it made 42,252 contacts with housing access & support services clients. Additionally, the charity reports that 42 residents entered transitional housing at its 145 Queen St. location in F2022.

The charity also operates a Health Services program. Fred Victor operates programs to address substance use, mental health challenges, physical injuries, food insecurity, social isolation, and other health-related issues. In F2022, the charity served 231,722 community meals at Moss Park and Regent Park. Additionally, the charity reports that 1,270 people received mental health and addiction case management support. 

Fred Victor's final program, Income Services, includes Employment & Training, Friends Catering, Keep Cool, and a Women's Bakery program. In F2022, 306 new clients registered with employment & training services. Additionally, the charity enrolled 24 women in the Women's Bakery program.

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Results and Impact

In F2022, Fred Victor helped 230 people secure housing through housing access & support services. Presently, over 450 residents live in Fred Victor's permanent housing.

Fred Victor’s supervised injection site and health staff reversed 976 overdoses in F2022. Additionally, the charity reports that it helped divert 1,035 clients from the criminal justice system to mental health services.

In F2022, 148 people found work or started formal education after accessing Employment and Training Services. 

While Ci highlights these key results, they may not be a complete representation of Fred Victor's results and impact. Fred Victor is not yet rated on impact (n/r).

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Fred Victor received $5.2m in donations in F2022. The charity also received $36.0m in government funding, representing 80% of total revenues. Administrative costs are 6% of revenues (excluding investment income), and fundraising costs are 1% of donations. This means overhead costs are 7%. For every dollar donated, 93 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

Overhead ratios are likely understated due to a lack of transparency in cost breakdowns for common expenses like salaries, rent, and benefits. Additionally, Ci could not use the figures reported in Fred Victor’s T3010 filing with the CRA since expenses do not reconcile with the charity’s audited financial statements and F2022 CRA data for Fred Victor was not available at the time of this update.

­­Fred Victor has gross funding reserves of $18.6m which can cover just under two months of annual program costs. Its interest-bearing debts are $13.2m (held in mortgages). Excluding the long-term portions of mortgages, Fred Victor could operate using reserve funds for roughly four months.

Ci has sent this charity update to Fred Victor for review. Changes and edits may be forthcoming.

Updated on August 11, 2022, by Ann Lei.

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 5.9%6.0%7.0%
Fundraising costs as % of donations 1.2%1.6%2.8%
Total overhead spending 7.0%7.5%9.8%
Program cost coverage (%) 13.6%4.5%(5.0%)

Summary Financial Statements

All figures in $000s
Donations 5,1534,4932,508
Government funding 36,02634,11529,196
Fees for service 5677113
Business activities (net) 2,9833,0662,003
Investment income 2010035
Other income 682569304
Total revenues 44,92142,42134,159
Program costs 40,28138,34130,421
Administrative costs 2,6392,5182,391
Fundraising costs 607070
Other costs 499532371
Total spending 43,47941,46033,253
Cash flow from operations 1,442961906
Capital spending 607694509
Funding reserves 5,4831,730(1,522)

Salary Information

Full-time staff: 327

Avg. compensation: $72,594

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

The following comment is from a previous profile. New comments may be forthcoming.

Mack slept outdoors for almost 20 years… on heating grates, in parks and doorways, on concrete slab and in ravines. Mack uses a wheelchair and he has asthma from breathing the discharge air from heating grates. Mack used to work as a painter before a back injury put him in hospital for six months.  After that, he ended up on the street. Mack grew up in Nova Scotia. He was tossed around foster homes where he suffered terrible abuse.

Fred Victor got Mack a place to live. It’s hard work making the transition from the street to a home. Says Mack in his bachelor apartment:  “I’d been used to the street for so long, I couldn’t keep an apartment.  Living outside, my main objective was to survive. Every day I woke up, I thanked the Lord, because I was alive. And I’d take it from there.” One of the best things about having a home - to sleep without fear. 

Mack is one person. There are thousands of people in similar circumstances. Donors to Fred Victor help folks like Mack get and keep a safe stable place to call home. 

Charity Contact

Website: www.fredvictor.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-364-8228


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Charitable Registration Number: 80340 7956 RR0001