Kids Cancer Care Foundation of Alberta
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
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.
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.
70%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 70 cents are available for programs.
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OVERVIEW
About Kids Cancer Care Foundation of Alberta:
Kids Cancer Care Foundation of Alberta is a 4-star charity that is financially transparent. It has a B results reporting grade, which is average. For every dollar donated to the charity, 70 cents are available to go to the cause.
Founded in 1994, Kids Cancer Care Foundation of Alberta (KCCF) supports kids and families affected by childhood cancer. The charity states that cancer is the number one disease killing children in Canada. It also states that over 75% of childhood cancer survivors live with at least one chronic health problem due to cancer treatment. KCCF runs four main programs: Camp and Outreach, Research, Public Awareness and Education, and Education Support and Scholarship. Charity Intelligence calculates it spent $3.2m on its programs and grants in F2024.
The Camp and Outreach program received 66% of program spending. KCCF offers summer camps for children of all ages affected by cancer. It also offers weekend camps year-round for children and their families affected by cancer. In F2024 358 kids attended summer camp and 888 people attended year-round camp. The charity's PEER subprogram offers therapeutic exercise classes for kids affected by cancer. In F2024 96 children participated in PEER classes. KCCF also offers family counseling sessions. In F2024 48 kids and parents benefited from 120 hours of counseling.
The Research program received 14% of program spending. KCCF funds childhood cancer research. The charity states that childhood cancer research accounts for only 5% of all cancer research funding in Canada. The charity does not report what specific research grants it spent $513k on in F2024. KCCF is one of 30 partners in the Terry Fox PROFYLE initiative. This project looks at tumors that are resistant to current therapies to identify potential new treatments.
The Public Awareness and Education program received 10% of program spending. The program informs patients and the general public about childhood cancer. KCCF’s Cancer in the Classroom program helps kids with cancer talk to their classmates about their diagnosis and treatment.
The Education Support and Scholarship program received 6% of program spending. In F2024, the charity awarded 12 post-secondary scholarships to survivors of childhood cancer. The charity provided over 1400 tutoring hours to 72 kids.
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Results and Impact
SunMaker is a one-week camp program for children affected by childhood cancer. An independent Social Return on Investment (SROI) study found that the SunMaker program offers a 4-1 social return on investment. This means for each dollar donated, four dollars of social benefit is created for those affected by the SunMaker program.
DIPG is a fatal brain tumor in children. In F2024 Health Canada approved a DIPG vaccine clinical trial.
While Ci highlights these key results, they may not be a complete representation of Kids Cancer Care Foundation of Alberta’s results and impact.
The charity is not yet rated on impact (n/r).
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Finances
In F2024 Kids Cancer Care Foundation of Alberta received $6.9m in cash donations. Administrative costs are 10% of revenues (excluding investment income). Fundraising costs are 19% of donations. This results in total overhead spending of 30%. For every dollar donated, 70 cents go to the cause. This falls within Ci’s reasonable range for overhead spending.
In F2024 KCCF spent $3.2m on its programs and grants, which is 41% of its revenue. In F2024 it had a surplus of $2.3m.
Kids Cancer Care Foundation of Alberta has $8.3m in reserve funds including a $1.1m endowment fund. Excluding donor-endowed funds, the charity’s funding reserves can cover 229%, or 2.3 years of its annual program spending.
This charity report is an update that has been sent for review to Kids Cancer Care Foundation of Alberta. Changes and edits may be forthcoming.
Updated on June 20, 2024, by Grady Simpson.
Financial Review
Fiscal year ending January
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 10.4% | 12.5% | 11.5% |
| Fundraising costs as % of donations | 19.4% | 26.2% | 26.8% |
| Total overhead spending | 29.8% | 38.7% | 38.2% |
| Program cost coverage (%) | 229.3% | 188.0% | 335.5% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 6,925 | 4,786 | 4,033 |
| Goods in kind | 23 | 13 | 40 |
| Government funding | 0 | 16 | 443 |
| Business activities (net) | 445 | 419 | (10) |
| Investment income | 0 | 150 | 32 |
| Other income | 314 | 18 | 16 |
| Total revenues | 7,708 | 5,403 | 4,554 |
| Program costs | 2,391 | 2,176 | 1,505 |
| Grants | 798 | 850 | 326 |
| Donated goods exp | 23 | 13 | 40 |
| Administrative costs | 802 | 659 | 518 |
| Fundraising costs | 1,344 | 1,254 | 1,079 |
| Total spending | 5,359 | 4,951 | 3,467 |
| Cash flow from operations | 2,349 | 452 | 1,087 |
| Capital spending | 1,445 | 338 | 165 |
| Funding reserves | 8,274 | 6,661 | 6,728 |
Note: DEFERRED ADJUSTMENT: KCCF uses deferred accounting. To show donors information on a consistent basis, Ci adjusted for these deferred contributions. The deferred contributions related to operations and property, plant, and equipment. This affected revenues by $642k in F2024, $30k in F2023, and $307k in F2022. RENTAL OPERATIONS: Camp Kindle rental operations is reported net of expenses reducing revenues and expenses by $446k in F2024, $225k in F2023, and $60k in F2022. AMORTIZATION: Amortization allocated to camp and outreach programming was backed out of program costs. GOVERNMENT FUNDING: Government funding for F2023 and F2022 was reported using the charity’s T3010 filing and backed out of donations. T3010: The F2024 T3010 data was not available at the time of this update.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
3 |
$80k - $120k |
5 |
$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:
Charity Contact
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