North York General Hospital Foundation
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.
62%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 62 cents are available for programs.
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OVERVIEW
About North York General Hospital Foundation:
North York General Hospital Foundation is a 2-star charity with a below-average results reporting grade of B-. For every dollar donated, 62 cents are available to go towards the cause. Its reserve funds can cover six and a half years of annual granting.
Founded in 1968, North York General Hospital Foundation (NYGH Foundation) raises money to buy equipment, upgrade facilities, and support research at North York General Hospital (NYGH). From January to December 2023, NYGH reported 115,980 visits to the emergency department from 85,246 patients. This is an average of 234 emergency patients a day. In fiscal 2023 (year ended March), NYGH Foundation granted $14.1m to NYGH. This is a 41% increase compared to the $10.0m granted in F2022. North York General Hospital spends these funds on four focus areas: patient care, capital asset upgrades, research and innovation, and equipment. North York General Hospital Foundation did not provide a spending breakdown for these funds.
Patient Care: North York General Hospital uses some of the funds to improve patient experiences. The hospital’s main patient care services are cancer care, cardiology, mental health, and surgery. The following data is from January to December 2023. NYGH had 5,909 oncology patients and gave 9,277 chemotherapy treatments. It had 4,929 cardiology clinic visits and 2,445 pacemaker clinic visits. For its mental health program, the charity had 93 patients receiving care for an eating disorder, staying for an average of 16 days.
Capital Assets Upgrades: In F2023, North York General Hospital Foundation helped raise funds for the upgrade and expansion of many facilities at NYGH. In F2023, its $11 million fundraising goal for the Emergency Department campaign was reached. This led to the creation of the new Ambulatory and Minor Procedures Area as well as the new Mental Health Emergency Services Unit.
Research and Innovation: The research program at NYGH hopes to translate its findings into improved care, safety, and health outcomes for patients and families. The hospital has developed an online self-management tool to support older adults with chronic health conditions. In F2023, the hospital evaluated the tool in a controlled trial with around 400 adults across Canada.
Equipment: A portion of the granted money also goes towards updating and maintaining medical equipment. In F2023, NYGH purchased one new 1.5T MRI machine. NYGH also replaced the first of three aging gamma cameras with a new one that has higher image quality with a lower radiation dose.
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Results and Impact
In Newsweek’s 2024 rankings of Canadian hospitals, North York General Hospital was ranked 4th overall.
In F2023, NYGH also had some breakthroughs in its research department. The team developed an AI tool capable of identifying heart blockages to prevent hidden heart attack. The research team also analyzed Black Box recordings from NYGH operating rooms to identify safety issues leading to surgical errors. The research team created a new surgical safety checklist based on the Black Box findings. Due to this new checklist, the number of items reviewed during a surgical procedure increased by 29%.
While Charity Intelligence highlights these key results, they may not be a complete representation of North York General Hospital Foundation’s results and impact. This charity has not yet been rating on impact (n/r).
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Finances
North York General Hospital Foundation had donations and special events revenue of $14.4m in F2023. Administrative costs are 14% of revenues and fundraising costs are 24% of donations. This is the highest level that administrative and fundraising costs have been at since 2016. For every dollar raised, 62 cents are available to go towards the cause. This is outside of Ci’s reasonable range for overhead spending.
North York General Hospital Foundation has $92.1m in reserve funds. This is enough to cover program costs for six and a half years. The Foundation has an Endowment Fund with a balance of $64.8m in F2023. The charity does not disclose the proportion of the Endowment Fund that is donor-endowed.
Profile updated on June 21, 2024 by Abby Stout.
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 14.1% | 11.8% | 13.1% |
| Fundraising costs as % of donations | 23.8% | 15.3% | 13.6% |
| Total overhead spending | 37.9% | 27.1% | 26.7% |
| Program cost coverage (%) | 651.7% | 1,001.5% | 1,034.7% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 12,760 | 13,243 | 13,217 |
| Goods in kind | 64 | 10 | 9 |
| Government funding | 0 | 0 | 12 |
| Special events | 1,660 | 714 | 597 |
| Investment income | 219 | 83 | 14,484 |
| Total revenues | 14,703 | 14,050 | 28,319 |
| Grants | 14,125 | 10,016 | 9,668 |
| Administrative costs | 2,048 | 1,648 | 1,811 |
| Fundraising costs | 3,429 | 2,131 | 1,879 |
| Total spending | 19,602 | 13,794 | 13,359 |
| Cash flow from operations | (4,899) | 256 | 14,960 |
| Capital spending | 23 | 0 | 0 |
| Funding reserves | 92,057 | 100,309 | 100,039 |
Note: DONATED GOODS: Ci removed donated goods in kind from Canadian donations. This reduced total donations by $64k in F2023, $10k in F2022, and $9k in F2021. DEFERRED REVENUE: To report on a cash basis, Ci adjusted for non-government deferred revenue. This affected revenues by ($453k) in F2023, ($71k) in F2022, and ($438k) in F2021. INVESTMENT INCOME: Ci reports investment income less investment management fees. This reduced total investment income by $394k in F2023, $430k in F2022, and $296k in F2021. AMORTIZATION: Ci removed amortization from administrative and fundraising costs on a pro-rata basis. ACCOUNTS PAYABLE: Ci adjusted for a difference in annual accounts payable to North York General Hospital. This affected grants by $4k in F2023, ($81k) in F2022, and ($3k) in F2021.
Salary Information
$350k + |
1 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
2 |
$160k - $200k |
1 |
$120k - $160k |
2 |
$80k - $120k |
3 |
$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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