CHUS Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
C
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.
71%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 71 cents are available for programs.
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Programs
About CHUS Foundation:
Founded in 1977, CHUS Foundation raises funds to support CHUS (Centre Hospitalier Universitaire de Sherbrooke), the fourth largest hospital in Quebec. The CHUS Foundation serves about 1 million people each year and provides ultra-specialized care in cardiology, neurosurgery, medical and surgical oncology, and neonatology. Since its incorporation, the CHUS Foundation has given the hospital more than $55 million. In F2015, the foundation granted $7.0m to the hospital: 68% on equipment, 30% on research, and 2% other.
In F2015, the foundation spent $1.4m on a clinical simulation lab, $1.1m on a 3T MRI, $400k on percutaneous cardiac valve patients, $60k on an ultrasound ENT, $41k on ultrasound radiation oncology, and $40k on Pulmonary Fibrosis research.
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Finances
In F2015, CHUS Foundation spent 5% of revenues on administrative costs and 24% of donations on fundraising costs. Total overhead costs of 29% fall within Ci's reasonable range. The charity has funding reserves of $41m, which can cover annual programs and grants for 5.4 years.
Analysis updated by Ruoxi Gao in 2016, currently under review by CHUS Foundation.
Financial Review
Fiscal year ending March
|
2015 | 2014 | 2013 |
|---|---|---|---|
| Administrative costs as % of revenues | 5.2% | 4.4% | 3.6% |
| Fundraising costs as % of donations | 24.0% | 20.5% | 26.1% |
| Program cost coverage (%) | 541.7% | 318.1% | 474.7% |
Summary Financial StatementsAll figures in $000s |
2015 | 2014 | 2013 |
|---|---|---|---|
| Donations | 6,212 | 8,577 | 6,362 |
| Business activities (net) | 3,482 | 3,715 | 3,156 |
| Special events | 2,645 | 1,328 | 493 |
| Investment income | 3,363 | 3,076 | 1,922 |
| Total revenues | 15,703 | 16,696 | 11,933 |
| Program costs | 546 | 585 | 422 |
| Grants | 7,043 | 10,782 | 6,741 |
| Administrative costs | 647 | 599 | 357 |
| Fundraising costs | 2,129 | 2,027 | 1,788 |
| Cash flow from operations | 5,337 | 2,703 | 2,626 |
| Funding reserves | 41,115 | 36,152 | 34,002 |
Note: Ci reported business revenue net of related expenses, reducing both revenue and expense by $2.7m in F2015, $2.6m in F2014, and $2.5m in F2013.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
1 |
$40k - $80k |
6 |
< $40k |
2 |
Information from most recent CRA Charities Directorate filings for F2015
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Comments & Contact
Comments added by the Charity:
Charity Contact
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