Toronto, ON M5E 1S7
Managing Director: Kate Bahen
Board Chair: Graeme Hepburn
Charitable Reg. #: 80340 7956 RR0001
Grade: A-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Impact Rating: Poor
Full-time staff #1
Avg. Compensation $70,000
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||1|
About Charity Intelligence:
Charity Intelligence Canada (Ci), founded in 2006, researches and writes reports on charities to help donors make more informed and impactful giving decisions. Ci has research reports on 654 of Canada’s largest charities. These reports inform donors about 53% of annual Canadian donations, or $8.5 billion. Ci also guides donors with strategic advice and sector reports. In 2014, Ci started a star rating system to assess charities. It bases ratings on a charity’s financial transparency, social results reporting, funding need and cost efficiency.
In F2015, Charity Intelligence Canada spent $188k on its programs, including $186k on research and $2k on donor services. Ci’s website received 221,000 visits in F2015, up 105% from 108,000 in F2014 and 166% from 83,000 in F2013. Further, Ci measured the social impact of 50 social-services based charities using a metric called Social Return on Investment or SROI. Ci’s Canadian Charity Impact Fund allows donors to donate to 10 high-impact charities. On the media side, Ci became a prominent source of information on ALS Canada for the ALS Ice Bucket Challenge. Ci’s reports on 20 charities with programs in Nepal informed donors intending to give to disaster relief efforts in Nepal.
Charity Intelligence Canada reports that, thanks to its efforts, 93 of the 100 largest Canadian charities now post audited financial statements online. In 2011, only 70 of the largest 100 charities posted these statements online. It also states that donor reporting grades have increased by 9% in F2015. Charity Intelligence Canada claims that each $1 donated to Ci informs $176 of Canadian giving. Ci discloses calculations of this ratio in its annual report.
Charity Intelligence is a Small-Cap charity with donations of $631k in F2015. Administrative costs are 5% of total revenues and fundraising costs are 1% of total donations. Total overhead costs come to 5%, falling within Ci’s reasonable range. Ci has total funding reserves of $83k that can cover its program costs for 5 months.
Updated on August 2nd, 2016 by Mirza Shakir.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||4.5%||7.3%||8.4%|
|Fundraising costs as % of donations||0.8%||1.5%||0.5%|
|Program cost coverage (%)||44.2%||36.2%||25.1%|
Summary Financial StatementsAll figures in $s
|Fees for service||29,000||50,000||35,000|
|Cash flow from operations||18,021||8,814||(26,066)|