United Way Waterloo Region Communities
Waterloo, ON N2L 1T2
CEO: Joan Fisk
Board Chair: Mike Williams
Charitable Reg. #: 10816 0219 RR0001
Grade: BThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to the Cause
Full-time staff #32
Avg. Compensation $48,290
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||2|
|$80k - $120k||5|
|$40k - $80k||3|
About United Way Waterloo Region Communities:
Founded in 1981, United Way of Waterloo Region Communities (UWWRC) grants funds to local charities to improve lives and build a stronger community in Cambridge, Kitchener, Waterloo, Wilmot, Woolwich, Wellesley and North Dumfries. In 2017, United Way Kitchener-Waterloo and Area combined with United Way Cambridge and North Dumfries to become United Way Waterloo Region Communities.
UWWRC’s three granting programs are Vulnerable Children and Youth, Poverty, and Neighbourhoods. In F2018, UWWRC granted $3.6m, which is equal to 66% of donations received in F2018. UWWRC’s five largest grant recipients were: $363k to KW counselling services, $294k to Carizon Family and Community Services, $287k to House of Friendship, $242k to Big Brothers Big Sisters, and $224k to YMCA Kitchener-Waterloo.
The charity reports that one in ten youth in Waterloo region in their early 20s haven’t graduated high school. Through the Vulnerable Children and Youth program, UWWRC funds programs that enhance the social and educational skills of youth. They also seek to provide youth with access to counselling and mentoring.
UWWRC funds programs designed to teach people important life skills, such as financial literacy and how to cook on a budget. The organization reports that one in ten households have trouble putting food on the table. The organizations funded by the Poverty program served meals to 32,640 individuals and provided food hampers to many others.
In the Waterloo region, the charity reports that one in three families don’t know their neighbours well enough to watch over each other’s children. UWWRC’s Neighbourhoods granting program gives money to organizations whose programs work to increase community engagement and build stronger relationships within communities.
Results and Impact:
The programs funded by UWWRC allowed 22,338 individuals to feed their families, while 10,529 youth improved their self-esteem and 11,500 people became more active members of their community.
United Way Waterloo Region Communities is a large charity which received donations of $5.5m in F2018. Administrative costs are 14% of revenues and fundraising costs are 24% of donations. For every dollar donated, 62 cents go to its programs. This is outside Ci’s reasonable range for overhead spending. UWWRC has funding reserves of $2.8m of which $2.5m is donor-endowed. Excluding donor-endowed funds, the organization’s funding reserves can cover its granting activities for almost one month.
This charity report is an update that has been sent to United Way of Waterloo Region Communities. Changes and edits may be forthcoming.
Updated on June 4, 2019 by Stefan Tetzlaff.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||14.1%||11.0%||10.5%|
|Fundraising costs as % of donations||24.0%||26.3%||21.4%|
|Program cost coverage (%)||67.8%||61.6%||77.4%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||(714)||(1,195)||(191)|