Queensway Carleton 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.
71%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 71 cents are available for programs.
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Programs
About Queensway Carleton Hospital Foundation:
Founded in 1976, Queensway Carleton Hospital Foundation (QCHF) is the fundraising arm of the Queensway Carleton Hospital (QCH) and hopes to be a continuous high-performing fundraising organization that enables donors to make a meaningful difference for the people served by the Queensway Carleton Hospital. QCH serves a community of over 400,000 people in the Ottawa Valley, and over the last five years, QCH faced a 32% increase in mental health visits to the emergency department. In F2018, QCH reports it served over 80,000 patients, a record high for the institution.
QCHF funds the patient care of Queensway Carleton Hospital. In F2018, QCH serviced 80,130 emergency visits, 19,775 day surgery cases, 28,626 rehabilitation outpatient visits, 2,382 births, 89,439 clinic & day program visits, 148,902 diagnostic imaging tests, and 44,845 cardiopulmonary procedures.
In F2018, QCHF had two primary campaigns: HOPES RISING and MAMMOGRAM. HOPES RISING is a campaign to deliver a renovated mental health unit that supports hope, healing and recovery, as well as improved emergency care for people during a mental health crisis. As of the end of F2018, over $3.7 million has been raised towards its $5 million HOPES RISING campaign. MAMMOGRAM is a campaign to fund a new machine which will allow for earlier diagnosis through the 3D mammography technology and replace the current unit which will soon reach end of life. More than $470,000 has been raised to purchase a new mammography machine, putting QCHF just within reach of its $800,000 goal.
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Finances
Queensway Carleton Hospital Foundation is a medium-sized charity with $5.3m in donations in F2018. Its administrative costs are 11% of revenues, and its fundraising costs are 17% of donations. For every dollar donated, 71 cents go to the cause, which is within Ci’s reasonable range for overhead spending.
QCHF has $4m in total funding reserves, resulting in a program cost coverage ratio of 81%. This means that the foundation can cover just under 10 months of its annual program costs using its existing reserves.
This charity report is an update that has been sent to Queensway Carleton Hospital Foundation for review. Changes and edits may be forthcoming.
Updated June 27, 2019 by Parker Thomlinson.
Financial Review
Fiscal year ending March
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Administrative costs as % of revenues | 11.4% | 11.4% | 12.0% |
| Fundraising costs as % of donations | 17.4% | 21.4% | 20.0% |
| Program cost coverage (%) | 80.9% | 31.2% | 23.7% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 5,307 | 5,519 | 4,732 |
| Business activities (net) | 3,757 | 3,561 | 3,551 |
| Investment income | 215 | 234 | 90 |
| Total revenues | 9,280 | 9,314 | 8,373 |
| Grants | 4,924 | 5,951 | 4,316 |
| Administrative costs | 1,033 | 1,039 | 997 |
| Fundraising costs | 921 | 1,180 | 948 |
| Other costs | 266 | 296 | 322 |
| Cash flow from operations | 2,135 | 848 | 1,790 |
| Funding reserves | 3,984 | 1,858 | 1,023 |
Note: Ci presented business activities (parking and a gift shop) net of expenses, adjusting both revenues and expenses by ($1.5m) in F2018, ($1.6m) in F2016, and by ($1.5m) in F2016. QCHF does not report separate administrative and fundraising costs in its financial statements. Fundraising costs and management & administration costs were obtained from the charity’s T3010 filing with the CRA. An adjustment was made to grants reflecting the change in due to hospital year over year. This affected spending by ($5k) in F2018, ($7k) in F2017, and $139k in F2016.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
3 |
$80k - $120k |
4 |
$40k - $80k |
2 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
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Comments & Contact
Comments added by the Charity:
Charity Contact
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