Young Adult Cancer Canada
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.
73%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 73 cents are available for programs.
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OVERVIEW
About Young Adult Cancer Canada:
Young Adult Cancer Canada is a 4-star rated charity. The charity is financially transparent and has above-average results reporting. It has reasonable overhead costs and its funding reserves can cover less than two years of annual program costs.
Founded in 2000, Young Adult Cancer Canada (YACC) supports young adults (18-39 years old) living with or affected by cancer. Its mission is to support young adults throughout their cancer journey. The charity helps them connect with others facing similar issues. YACC reports that 22 young adults are diagnosed with cancer in Canada every day. The charity's programs help young adult cancer patients and survivors.
Young Adult Cancer Canada runs three main programs: Primetown, Localife, and Survivor Conference. YACC also funds online support programs.
Primetown is an online cancer summit organized by YACC in collaboration with Cancer Care Manitoba and the Cancer Care Manitoba Foundation. In F2022, there were 682 participants, of which 135 were new to YACC. Participants included young adult cancer patients and survivors, their parents or supporters, and health care providers. Primetown included 49 segments. These included 6 keynotes, 9 meditations or movements, 24 workshops, 8 social activities, and 9 community stories. The conference resulted in 7.85 million impressions from media coverage, and 2.2 million in social reach.
Localife is a social-activity-based group led by YACC. It hosts both in-person and virtual events. It is present in eight cities across Canada. In F2022 Localife leaders hosted 42 events with 460 attendees.
The Survivor Conference is a conference for young adult cancer patients or survivors, similar to the Primetown summit but in person. However, in F2022 the Survivor conference was held online due to the covid-19 pandemic. In F2022, the Survivor Conference had 268 attendees, 54 of whom were new to Young Adult Cancer Canada.
Online support programs are delivered through YACC's website, as well as through private Facebook groups where young adults can connect with each other. YACC’s private Facebook group now has 1,410 members. Additionally, YACC reports 86,984 website visits during F2022. YACC also operates an online chat service called YACC Web: Chats. The program provides a way for young adults affected by cancer to connect in an easy, safe, and supportive environment. These chats are peer-led themed virtual conversations offered over Zoom by a team of YACC leaders. In F2022 there were 123 chats, with 632 attendees.
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Results and Impact
Young Adult Cancer Canada reports that F2022 Primetown participants rated their impressions of the conference at 4.7/5. All those surveyed indicated that their emotional wellbeing increased from average to above average, and 60% reported feeling less isolated. Of the healthcare providers surveyed, 93% agreed that Primetown contributed to their professional development, and 86% agreed that the conference helped them be better equipped to care for young adult cancer patients and survivors. All the healthcare providers surveyed would recommend Primetown to a colleague. YACC reports that F2022 Survivor Conference Participants rated the conference at 4.9/5. All those surveyed indicated that their emotional well-being increased from average to above average. The charity also reports YACC members’ sense of connection increased from 3.8/5 to 4.6/5 following the conference. While Ci highlights these key results, they may not be a complete representation of Young Adult Cancer Canada's results and impact. This charity is not yet rated for impact (n/r).
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Finances
Young Adult Cancer Canada had donations and special events revenue of $1.4m in F2022 (up 91% from $710k in F2021). Administrative costs are 13% of revenues (excluding investment income), and fundraising costs are 15% of donations and special events revenue. For every dollar donated to YACC, 73 cents go to the cause. This falls within Ci’s reasonable range for overhead spending.
YACC has $1.0m in reserve funds ($719k in F2021). These are the charity’s cash and investments. These funding reserves can cover annual program costs for around one year and 9 months.
This report is an update that has been sent to Young Adult Cancer Canada for review. Comments and edits may be forthcoming.
Updated on June 16, 2023 by Alessandra Castino.
Financial Review
Fiscal year ending ---
|
2022 | 2021 | 2020 |
---|---|---|---|
Administrative costs as % of revenues | 12.6% | 13.3% | 17.0% |
Fundraising costs as % of donations | 14.9% | 23.4% | 31.2% |
Total overhead spending | 27.5% | 36.7% | 48.2% |
Program cost coverage (%) | 172.1% | 148.9% | 112.2% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
---|---|---|---|
Donations | 956,933 | 343,008 | 298,455 |
Goods in kind | 0 | 9,408 | 33,679 |
Government funding | 147,708 | 215,617 | 164,392 |
Special events | 399,693 | 366,996 | 259,662 |
Investment income | 1,773 | 2,166 | 5,243 |
Other income | 20 | 1,964 | 590 |
Total revenues | 1,506,127 | 939,159 | 762,021 |
Program costs | 598,952 | 483,171 | 450,476 |
Donated goods exp | 0 | 9,408 | 33,679 |
Administrative costs | 190,150 | 124,525 | 128,483 |
Fundraising costs | 201,561 | 166,121 | 174,234 |
Total spending | 990,663 | 783,225 | 786,872 |
Cash flow from operations | 515,464 | 155,934 | (24,851) |
Capital spending | 35,185 | 3,550 | 3,128 |
Funding reserves | 1,030,963 | 719,283 | 505,321 |
Note: Ci adjusted for non-governmental deferred donations, affecting total revenues by $443k in F2022, ($10k) in F2021 and $31k in F2020. For F2020, Ci used the charity’s T3010 CRA filings for provincial government funding and backed the amounts out of donations. In-kind contributions for advertisements and travel have been removed from donations and program costs and presented as donated goods in kind and donated goods expenses.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
3 |
$40k - $80k |
5 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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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: 709.579.7325