Leucan
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.
42%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 42 cents are available for programs.
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OVERVIEW
About Leucan:
Founded in 1978, Leucan supports children with cancer and their families in Quebec. Leucan has its headquarters in Montreal plus nine regional offices across Quebec. Its mission is to promote recovery and wellness in children with cancer and offer support services to families. Leucan reports that each year in Quebec, there is close to 1 new diagnosis of childhood cancer a day. In addition, 70% of childhood cancer survivors will develop other issues as a consequence of their illness and treatment. In 30% of those instances, the complication will be severe. Leucan’s main programs are family support services, research grants and direct financial support for families.
Leucan’s family support services make up 62% of its program spending. These services include emotional support and assistance, social and recreational activities, hospital playrooms, school awareness programs, massage therapy, end-of-life and bereavement services, and summer camps. In F2020, Leucan reported that 252 new families joined its emotional assistance programs, and that it organized nearly 150 socio-recreational activities for families. Leucan reports 41,000 visits to its hospital playrooms. Leucan also gave 5,774 massage therapy sessions to cancer patients and family members and met with close to 2,480 children in schools to demystify cancer and increase their awareness of the reality of their sick classmate. Activities were organized for 400 bereaved family members.
Leucan’s research grants (making up 19% of its program spending) fund clinical research projects conducted in Quebec pediatric oncology centres. It reports that over the last 20 years, it has donated close to $20 million to clinical research. In F2020, it granted $1.0m to clinical and fundamental research.
Leucan’s financial assistance program (making up 19% of its program spending) provides grants to families to help cover some of the costs associated with a childhood cancer diagnosis. In F2020, Leucan granted $940k to the families of patients so that they can focus their energy on what really matters: the recovery of their child.
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Results and Impact
Leucan contributes to improvements in the quality of care and to the increase in the recovery and survival rate of children treated for cancer. In F2020, Leucan reports that the survival rate has gone up from 15% to 82% for children treated for cancer (the time period over which this occurs is not disclosed on its website).
While Ci highlights these key results, they may not be a complete representation of the charity’s results and impact.
Charity Intelligence has not rated Leucan on its impact (n/r).
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Finances
Leucan received $11.1m in donations in F2020. Administrative costs were 12% of revenues (excluding investment income) and fundraising costs were 47% of donations. This results in total overhead spending of 58% For every dollar donated, 42 cents go to the cause, which is outside of Charity Intelligence’s reasonable range for overhead spending.
Leucan has $4.9m in funding reserves meaning that it could cover just under one year of annual programs and grants.
This charity report is an update that has been sent to Leucan for review. Changes and edits may be forthcoming.
Updated on July 7, 2021 by Asha McMullin.
Financial Review
Fiscal year ending March
|
2020 | 2019 | 2018 |
---|---|---|---|
Administrative costs as % of revenues | 11.8% | 12.0% | 11.3% |
Fundraising costs as % of donations | 46.6% | 45.8% | 44.2% |
Total overhead spending | 58.4% | 57.7% | 55.5% |
Program cost coverage (%) | 96.8% | 104.8% | 109.3% |
Summary Financial StatementsAll figures in $000s |
2020 | 2019 | 2018 |
---|---|---|---|
Donations | 11,051 | 11,082 | 10,867 |
Goods in kind | 157 | 195 | 222 |
Government funding | 82 | 16 | 18 |
Fees for service | 16 | 9 | 23 |
Business activities (net) | 27 | 26 | 21 |
Investment income | 41 | 138 | (3) |
Other income | 9 | 7 | 16 |
Total revenues | 11,384 | 11,473 | 11,165 |
Program costs | 4,024 | 3,941 | 3,627 |
Grants | 1,008 | 949 | 853 |
Administrative costs | 1,344 | 1,359 | 1,263 |
Fundraising costs | 5,148 | 5,070 | 4,807 |
Total spending | 11,525 | 11,319 | 10,550 |
Cash flow from operations | (141) | 154 | 615 |
Capital spending | 140 | 147 | 48 |
Funding reserves | 4,873 | 5,122 | 4,895 |
Note: Ci has reported depreciation in its analysis, affecting expenses by $107k in F2020, $96k in F2019, and $107k in F2018. Business activities are presented gross as no related expenses were reported on the audited financials.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
0 |
$80k - $120k |
6 |
$40k - $80k |
3 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2020
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 514-731-2667