RainCity Housing
Vancouver, BC V6A 1B8
Executive Director: Mark Smith
Board Chair: Stacey Morrison
Website: www.raincityhousing.org
Charitable Reg. #: 12711 5780 RR0001
Charity Rating
Donor Accountability
Grade: B
The grade is based on the charity's public reporting of the work it does and the results it achieves.Financial Transparency
Need for Funding
Spending Breakdown
Full-time staff #124
Avg. Compensation $73,827
Top 10 Staff Salary Range
| $350k + | 0 |
| $300k - $350k | 0 |
| $250k - $300k | 0 |
| $200k - $250k | 0 |
| $160k - $200k | 0 |
| $120k - $160k | 3 |
| $80k - $120k | 3 |
| $40k - $80k | 4 |
| < $40k | 0 |
About RainCity Housing :
RainCity Housing (RCH) provides innovative, specialized housing and support services for people living with mental illness, addictions and other challenges. The RainCity Housing family of programs includes emergency housing, transitional housing, women’s housing, long-term housing, outreach programs, food services and community living support. RCH reported to have provided 29,660 shelter stays and 149,845 meals. It reported to have assisted 180 previously homeless people in securing independent housing.
In September 2009, the Mental Health Commission of Canada sponsored the research development project At Home/Chez Soi. RCH’s role was to implement the Housing First Assertive Community Treatment (ACT) Team. The team is a recovery-oriented supportive housing approach that provides homeless people living with mental illness immediate access to rent supplements to live anywhere in the city. The rent supplements do not require participants to be in psychiatric or substance use treatment. Self-determination, choice, and harm reduction are at the core of all housing, support, and services provided by the ACT Team. The ACT team supports 100 clients at a client-staff ratio of 10:1.
Financial Review:
In F2014, administrative costs were 9% of revenues and fundraising costs were 54% of donations. RCH’s funding reserves were negative due to $18.5m in mortgages and other debt.
Financial RatiosFiscal year ending March |
2014 | 2013 | 2012 |
|---|---|---|---|
| Administrative costs as % of revenues | 9.2% | 10.2% | 10.4% |
| Fundraising costs as % of donations | 54.4% | 35.3% | 12.3% |
| Program cost coverage (%) | (123.7%) | (86%) | (42.3%) |
Summary Financial StatementsAll figures in $000s |
2014 | 2013 | 2012 |
|---|---|---|---|
| Donations | 668 | 540 | 584 |
| Government funding | 13,464 | 11,890 | 11,566 |
| Fees for service | 1,160 | 1,164 | 1,161 |
| Investment income | 90 | 138 | 124 |
| Total revenues | 15,383 | 13,732 | 13,435 |
| Program costs | 11,905 | 10,584 | 10,409 |
| Administrative costs | 1,402 | 1,380 | 1,380 |
| Fundraising costs | 364 | 190 | 72 |
| Other costs | 192 | 199 | 205 |
| Cash flow from operations | 1,521 | 1,378 | 1,368 |
| Funding reserves | (14,722) | (9,105) | (4,405) |
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The information in this report was prepared by Charity Intelligence Canada and its independent analysts from publically-available information. Charity Intelligence Canada and its analysts have made endeavours to ensure that the data in this report is accurate and complete but accept no liability. No attempt has been made to examine the effectiveness of the charities' programs.
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