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Ronald McDonald House Charities

1 McDonald’s Place
Toronto, ON M3C 3L4
President & CEO: Cathy Loblaw
Board Chair: George Cohon

Website: www.rmhccanada.ca
Charitable Reg. #: 11912 3032 RR0001
Sector: Social Services - Youth
Public Foundation

Donor Accountability

Grade: B+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only upon request [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Ronald McDonald House Charities:

Founded in 1982, Ronald McDonald House Charities (RMHC) is a national organization that supports Canadian families with sick children through its network of Ronald McDonald Houses and their programs. Ronald McDonald Houses provide a home away from home for families with sick children who are staying at a nearby hospital. They have qualified staff and dedicated volunteers who take care of the day-to-day essentials of running a home, and offer programs ranging from dinner programs to meditation. Family Rooms are in children’s hospitals or in houses and provide a calm and supportive space for families. Their Care Mobiles deliver healthcare to vulnerable communities.

RMHC reports that 70% of Canadians live outside a city with a children’s hospital, which means that they must travel for medical care if their child is seriously sick or injured. There are currently 15 houses, 16 Family Rooms and 2 Care Mobiles across Canada. It supported 22,377 Canadian families in F2014 with 10,636 families staying at a Ronald McDonald House and 10,773 families using the Family Rooms and almost 1000 families helped through its Care Mobile programs.

In F2014, its houses had 3,033 families on a waitlist and 2,462 families were turned away. To meet the need, RMHC anticipates to build 4 new houses and 21 new family rooms for a total of 661 bedrooms over the next five years.

Financial Review:

Ronald McDonald House Charities is a large-cap charity with donations of $10.8m in F2015. Its administrative costs are 4% of revenues and fundraising costs are 10% of donations. For every dollar donated, 87 cents goes towards its programs, falling within Ci’s reasonable range. The charity has funding reserves of $17.6m which can cover program costs for a little under 4 years.

Note: The charity does not report any employees or any employee compensation on its T3010A filings.

This charity report is an update that is being reviewed by Ronald McDonald House Charities. Changes and edits may be forthcoming.

Updated on July 7, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending December
201520142013
Administrative costs as % of revenues 3.6%3.6%3.1%
Fundraising costs as % of donations 9.7%8.7%4.5%
Program cost coverage (%) 389.4%327.8%355.8%

Summary Financial Statements

All figures in $000s
201520142013
Donations 9,8998,8906,404
Special events 855788692
Investment income 6221,2161,411
Total revenues 11,37710,8948,507
Grants 4,5074,3193,690
Donor-designated donations 717729655
Administrative costs 387349216
Fundraising costs 1,039845320
Cash flow from operations 4,7274,6513,627
Funding reserves 17,55014,15913,128

Comments added by the Charity:

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