Pancreatic Cancer Canada
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.
52%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 52 cents are available for programs.
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Programs
About Pancreatic Cancer Canada:
Pancreatic Cancer Canada Foundation (PCC) is Canada’s only foundation dedicated to raising money and awareness for pancreatic cancer. PCC supports research into early detection, effective treatment options and ultimately, a cure for pancreatic cancer. Moreover, PCC raises awareness, advocates for increased funding, and provides support and resources to pancreatic cancer patients and their families. PCC reports that 93% of people diagnosed with pancreatic cancer will not live longer than five years and little advancements in treatment have been uncovered in the past 40 years. In F2018, PCC granted $60k to other pancreatic cancer research organizations and contributed $191k to research, awareness, and support programs.
In 2016, PCC created Pancreatic Canadian Oncology Network (PancOne)™: a first-of-its-kind network of Canadian investigators at Centres of Excellence from coast to coast who are working together to share ideas, data and findings related to pancreatic cancer. This pan-Canadian initiative aims to better understand this disease to accelerate diagnosis, explore new treatment options for patients and ultimately save more lives. There are 5 centres in this initiative: Princess Margaret Cancer Centre, BC Cancer Foundation, McGill University Health Centre Foundation, University of Calgary, and QEII Health Sciences Centre Foundation.
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Results and Impact
A research study performed by Pancreatic Cancer Canada resulted in the discovery that patients with surgically removed pancreatic cancer who received a four-drug combo chemotherapy called mFOLFIRINOX, lived an average of 20 months longer than those who received the current standard of post-surgery chemo, gemcitabine. However, the surgery that precedes this combination therapy is still only possible for 10-20% of people diagnosed with pancreatic cancer.
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Finances
Pancreatic Cancer Canada is a medium-sized charity with donations and special events revenues of $2.2m in F2018. PCC’s administrative costs were 21% of revenues, while fundraising costs were 28% of donations. Therefore, for every dollar donated, 52 cents go to the cause, which is outside of Ci’s reasonable range for overhead spending.
In F2018, Pancreatic Cancer Canada had funding reserves of $1.1m, which cover annual program costs for 1.4 years.
This charity report is an update that has been sent to Pancreatic Cancer Canada Foundation for review. Changes and edits may be forthcoming.
Updated June 27, 2019 by Parker Thomlinson.
Financial Review
Fiscal year ending December
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Administrative costs as % of revenues | 20.9% | 19.1% | 11.5% |
| Fundraising costs as % of donations | 27.5% | 73.5% | 30.8% |
| Program cost coverage (%) | 139.2% | 286.2% | 120.0% |
Summary Financial StatementsAll figures in $s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 1,364,413 | 1,089,886 | 1,218,753 |
| Special events | 855,509 | 62,141 | 235,709 |
| Investment income | (10,351) | 3,707 | 8,858 |
| Total revenues | 2,209,571 | 1,155,734 | 1,463,320 |
| Program costs | 191,095 | 241,480 | 121,820 |
| Grants | 608,891 | 146,550 | 1,282,437 |
| Administrative costs | 463,767 | 219,843 | 167,059 |
| Fundraising costs | 610,357 | 846,251 | 447,627 |
| Cash flow from operations | 335,461 | (298,390) | (555,623) |
| Funding reserves | 1,113,794 | 1,110,367 | 1,685,380 |
Note: In F2016, and 2017, PCC restated its expenses in a Notice to Reader to better reflect its expenses by activity. Amortization was backed out of expenses on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
1 |
$40k - $80k |
1 |
< $40k |
8 |
Information from most recent CRA Charities Directorate filings for F2017
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Comments & Contact
Comments added by the Charity:
Charity Contact
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