300 Princess Street
Winnipeg, MB R3B 1M3
CEO: Tessa Blaikie Whitecloud
Board Chair: Garth Manness

Charitable Reg. #:11915 0043 RR0001

STAR RATING

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

[Charity Rating: 2/5]

✔+

FINANCIAL TRANSPARENCY

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

B-

RESULTS REPORTING

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

Low

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.

84%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 84 cents are available for programs.



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OVERVIEW

About Siloam Mission:

Siloam Mission is a two-star financially transparent charity with a Low demonstrated impact rating. It has a B- results reporting grade, which is below average. For every dollar donated, 84 cents are available to go to the cause. This is within Ci’s reasonable range.

Founded in 1987, Siloam Mission is a Christian charity that provides both basic needs and emergency shelter to Winnipeg’s homeless population. It distributes meals, clothing, and healthcare supplies; leads employment training and mentorship programs; and offers drop-in emergency shelter for those in need. The charity runs emergency shelter and drop-in services as its core programs. Its other programs include laundry and healthcare services, employment training, and transitional housing. The charity spent $11.1m on its programs in the fiscal year ending April 2023 (F2023).

Core programs include drop-in services provided by the Siloam Mission’s Hannah’s Place Emergency Shelter and Madison supportive housing facility. In F2023, the charity provided 47,789 nights of shelter to 1,445 unique individuals and served 1,000,000 meals. According to the charity, 85 Madison residents benefited from services provided at the facility in F2023.

Other programs include services provided by the Siloam Laundry Service, Saul Sair Health Centre, Clothing Room, Transition Services Program, and Employment Programs. In F2023, the charity washed 155,489 lb of laundry and reported 15,943 clothing room visits. Its health care facility processed 3,649 consultations and 1,602 visits. According to the charity, 198 people participated in its transitional housing subprogram in F2023. Of these, 23 were rehoused after being evicted, 32 found housing for the first time, and 18 transitioned into housing that was a better fit. The charity also reported that 71 people found a job after receiving employment training in F2023.

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Results and Impact

In F2023, Siloam Mission provided 47,789 nights of shelter to 1,445 individuals, meaning that each person received an average of 33 days of shelter. The charity also served 1,000,000 meals in F2023.

Siloam Mission also reported that improvements to its shelter services reduced violent incidents within its shelters by 40%.

While Ci highlights these key results, they may not be a complete representation of Siloam Mission's results and impact.

Charity Intelligence has rated Siloam Mission as Low impact based on demonstrated social impact per dollar spent.

Impact Rating: Low

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Finances

In F2023, Siloam Mission received $11.1m in donations which is 66% of total revenues and an 8% increase from $10.3m in F2022. The charity also received $2.6m in government funding, representing a 24% decrease from $3.4m in F2022. Administrative costs are 9% of revenues and fundraising costs are 8% of donations. This results in 16% total overhead spending, meaning that for every dollar donated, 86 cents are available to go to the cause. This is within Ci’s reasonable range.

In F2023, Siloam Mission spent $11.1m on its programs which is 66% of total revenues and a 13% increase from $9.8m in F2022. The charity also had a $3.3m cash surplus in F2023.

At the end of F2023, Siloam Mission had $5.6m in reserve funds (cash and GST rebate receivable) which covers 51% or slightly over 6 months of its annual program costs. Ci backed out $4.7m relating to Siloam Mission’s ‘Make Room’ loan from its reserve funds in F2023. This loan was used to finance its new Buhler Centre Facility which opened in F2020.

Profile updated by Julian Dranitsaris on July 18, 2024. Comments and corrections may be forthcoming.

Financial Review


Financial Ratios

Fiscal year ending April
202320222021
Administrative costs as % of revenues 8.5%9.3%7.7%
Fundraising costs as % of donations 7.8%10.8%9.2%
Total overhead spending 16.3%20.1%16.9%
Program cost coverage (%) 50.5%37.2%33.5%

Summary Financial Statements

All figures in $000s
202320222021
Donations 11,07910,27413,573
Goods in kind 1,6241,3421,295
Government funding 2,6033,4071,755
Business activities (net) 878779705
Investment income 1984449
Other income 3492548
Total revenues 16,73115,87117,425
Program costs 11,1499,7968,637
Administrative costs 1,4101,4681,346
Fundraising costs 8661,1091,245
Total spending 13,42512,37211,227
Cash flow from operations 3,3063,4986,198
Capital spending 2,0241,6902,519
Funding reserves 5,6313,6472,891

Note: 1. DEFERRED DONATIONS ADJUSTMENT: Siloam Mission uses deferred accounting. To show donors financial information on a cash basis, Ci adjusted donations for changes in unearned program revenue. This affected revenues by $349k, $25k, and $48k in F2023, F2022, and F2021 respectively. 2. T3010 FILINGS: Ci reported government funding from the charity’s T3010 filings with the CRA in F2021 and F2022 and its audited financials in F2023. 3. FUNDING RESERVE ADJUSTMENT: Ci backed out interest-bearing debts (Make Room loan) from the charity’s reserve funds. This reduced its reserve funds by $4.7m, $4.7m, and $5.0m in F2023, F2022, and F2021 respectively.

Salary Information

Full-time staff: 120

Avg. compensation: $53,737

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
1
$120k - $160k
1
$80k - $120k
8
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2023

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.siloam.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 204-956-4344

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Charitable Registration Number: 80340 7956 RR0001