Canuck Place Children's Hospice
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.
A-
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.
74%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 74 cents are available for programs.
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OVERVIEW
About Canuck Place Children's Hospice:
Canuck Place Children's Hospice is a four-star charity with an above-average results reporting grade. It is financially transparent and has overhead costs within Ci's reasonable range.
Founded in 1995, Canuck Place Children’s Hospice (CPCH) is the only provider of palliative care for children in BC and the Yukon. CPCH operates hospices in Vancouver and Abbotsford. The charity states that in any year, 2,500 children in BC have life-threatening conditions. It also states that it is currently providing care for 67% of the children in BC aged 0–19 who have life-threatening conditions. CPCH reports it spent $19.8m on its programs in F2024. The charity provides a program spending breakdown in its annual report. It does not include its research and education spending in this breakdown.
Care represents 91% of reported program spending. CPCH provides 24/7 hospice care in its two hospice locations. This care includes pain and symptom management, recreation therapy, and respite care. Its locations have family suite rooms which provide accommodations for family members to stay at the hospices. The charity provided 1,407 family suite nights in F2024. It also ran 715 recreation therapy sessions. CPCH offers a 24/7 Clinical Care Line that provides advice to families and caregivers. In F2024 the charity provided 4,013 care consultations. CPCH served 920 children and families in F2024.
Counselling represents 9% of reported program spending. CPCH provides grief counselling to help families cope with the death of their loved one. The charity states that in BC and the Yukon, it is the only provincial specialized bereavement care provider for families experiencing childhood death. CPCH provided 3,143 counselling sessions in F2024.
CPCH’s research studies children with life-threatening illnesses and outcomes of care. It also studies pain and symptom management and the impact of the child’s health condition on their family. CPCH educates people about pediatric care for children with serious illness. In F2024 CPCH ran 80 educational presentations.
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Results and Impact
17 research publications in partnership with CPCH clinicians were published in F2024.
CPCH trains and educates clinicians through its Canuck Place Serious Illness Guide - Pediatrics. In F2024 it held training sessions at McMaster Children's Hospital. The charity reports it supported one of the hospital's pediatric palliative care doctors to become a master trainer.
While Ci highlights these key results, they may not be a complete representation of Canuck Place Children’s Hospice’s results and impact.
The charity is not yet rated on impact (n/r).
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Finances
Ci consolidated CPCH and CPCH Foundation’s financial statements in the following financial analysis.
In F2024 Canuck Place Children’s Hospice received $10.6m in donations. The charity received $8.3m in government funding, representing 35% of total revenues.
Administrative costs are 3% of revenues (excluding investment income). Fundraising costs are 23% of donations. This results in total overhead spending of 26%. For every dollar donated, 74 cents are available to go to the cause. This falls within Ci’s reasonable range for overhead spending.
In F2024 CPCH spent $19.8m on its programs, which is 84% of its revenue. In F2024 it had a surplus of $671k.
Canuck Place Children’s Hospice has $44.4m in reserve funds (cash and investments). This can cover 224%, or two years and three months of its annual program spending.
CPCH reports using external fundraisers as part of its fundraising activities in its most recent F2023 T3010 CRA filing. It reported paying external fundraisers $369k ($334k in F2022) but did not report how much the fundraisers collected. This is a mandatory filing.
This charity report is an update that has been sent for review to Canuck Place Children’s Hospice. Changes and edits may be forthcoming.
Updated on August 23, 2024, by Grady Simpson.
Financial Review
Fiscal year ending March
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 2.8% | 2.0% | 1.6% |
| Fundraising costs as % of donations | 22.9% | 17.4% | 15.8% |
| Total overhead spending | 25.7% | 19.4% | 17.4% |
| Program cost coverage (%) | 224.3% | 234.1% | 256.4% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 10,644 | 12,095 | 10,597 |
| Government funding | 8,316 | 11,456 | 12,436 |
| Lotteries (net) | 1,498 | 1,464 | 1,511 |
| Investment income | 2,552 | 578 | 445 |
| Other income | 484 | 196 | 177 |
| Total revenues | 23,494 | 25,789 | 25,166 |
| Program costs | 19,795 | 17,089 | 15,011 |
| Administrative costs | 593 | 492 | 386 |
| Fundraising costs | 2,435 | 2,105 | 1,676 |
| Total spending | 22,823 | 19,686 | 17,073 |
| Cash flow from operations | 671 | 6,103 | 8,093 |
| Capital spending | 276 | 324 | 149 |
| Funding reserves | 44,394 | 40,003 | 38,494 |
Note: DONATIONS FROM THE FOUNDATION: Ci excluded donations from the foundation to CPCH. This reduced revenues and expenses by $2.3m in F2024, $1.7m in F2023, and $1.4m in F2022. LOTTERIES: Ci reports lotteries net of expenses. This reduced revenues and expenses by $850k in F2024, $831k in F2023, and $779k in F2022. INVESTMENT MANAGEMENT FEES: Ci included investment management fees in investment income. This reduced revenues and expenses by $55k in F2024, $52k in F2023, and $61k in F2022. DEFERRED ADJUSTMENT: CPCH uses deferred accounting. To show donors information on a consistent basis, Ci adjusted for these deferred revenues. This affected non-government revenues by ($655k) in F2024, ($28k) in F2023, and $191k in F2022. Deferred adjustments affected government revenues by ($525k) in F2024, $3.3m in F2023, and $3.4m in F2022. DEFERRED ADJUSTMENT FOUNDATION: Ci adjusted for CPCH Foundation deferred revenue. This affected revenues by $6k in F2024, $6k in F2023, and $6k in F2022. AMORTIZATION OF DEFERRED CAPITAL CONTRIBUTIONS. Ci removed amortization of deferred capital contributions from revenue. This reduced revenues by $474k in F2024, $486k in F2023, and $486k in F2022.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
2 |
$120k - $160k |
7 |
$80k - $120k |
0 |
$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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Tel: 604-731-4847