Hope Mission
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
D
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
79%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 79 cents are available for programs.
My anchor
OVERVIEW
About Hope Mission:
Hope Mission is a 1-star rated charity that has Low demonstrated impact. It is not financially transparent and has a poor results reporting grade. It has reasonable overhead spending. Before giving, read Charity Intelligence's report on Hope Mission.
Founded in 1929, Hope Mission is a Christian charity working with people who are poor, homeless, or struggling with addiction. The charity operates in Edmonton, Calgary, Red Deer, and Wetaskiwin. Each location delivers different services, such as emergency shelters, long-term housing, kids' summer camps, addiction recovery programs, and a health centre. The charity states that it provides basic and emergency care to over 800 people daily. Hope Mission runs four main programs: men's services, children's programs, general programs, and women's services.
In F2021, Hope Mission allocated 74% of total program spending to men's programs, 11% to children's programs, 5% to general programs, and 5% to women's services. The charity operates addiction recovery services for both men and women. In addition, it provides emergency care and shelter to men, women, youth, and children. In F2021, Hope Mission completed the construction of its new Herb Jamieson Centre, which will provide over 400 beds for homeless people. The charity reports distributing 20,326 pairs of socks, 4,233 pairs of mittens and gloves, and one million hot meals to men, women, youth, and children in F2021. The remaining 5% of program spending was allocated to Hope Mission's youth programs and health clinic in F2021.
My anchor
Results and Impact
Ci could not find any quantified results on Hope Mission's programs at the time of this profile update.
While Ci highlights these results, they may not be a complete representation of Hope Mission's results and impact.
Charity Intelligence has rated Hope Mission as Low on demonstrated impact per dollar spent.
Impact Rating: Low
•
My anchor
Finances
Hope Mission is not financially transparent. Financial analysis was based on the most recent set of financial statements provided by the CRA, which represent F2021.
Hope Mission received total donations of $15.0m in F2021, up 20% from $12.6m in F2020. The charity also received $13.8m in government funding, representing 43% of total revenues. Administrative costs are 9% of revenues, and fundraising costs are 12% of donations. This results in total overhead spending of 21%. For every dollar donated, 79 cents go to the cause, which is within Ci's reasonable range for overhead spending.
Hope Mission has $17.4m in reserve funds (cash and investments), which could cover 91% or almost 11 months of its program costs.
This charity report is an update that has been sent to Hope Mission for review. Changes and edits may be forthcoming.
Updated on July 7, 2023, by Sydney Olexa.
Financial Review
Fiscal year ending December
|
2021 | 2020 | 2019 |
|---|---|---|---|
| Administrative costs as % of revenues | 8.7% | 7.9% | 13.7% |
| Fundraising costs as % of donations | 12.0% | 13.3% | 11.9% |
| Total overhead spending | 20.7% | 21.3% | 25.6% |
| Program cost coverage (%) | 90.8% | 117.3% | 65.4% |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
|---|---|---|---|
| Donations | 15,012 | 12,554 | 10,103 |
| Goods in kind | 58 | 23 | 95 |
| Government funding | 13,807 | 11,904 | 9,065 |
| Fees for service | 414 | 486 | 722 |
| Business activities (net) | 520 | 601 | 723 |
| Investment income | 0 | 2 | 94 |
| Other income | 1,957 | 8,801 | 337 |
| Total revenues | 31,769 | 34,372 | 21,138 |
| Program costs | 19,124 | 14,849 | 15,122 |
| Donated goods exp | 17 | 0 | 80 |
| Administrative costs | 2,767 | 2,727 | 2,893 |
| Fundraising costs | 1,794 | 1,673 | 1,202 |
| Total spending | 23,703 | 19,249 | 19,296 |
| Cash flow from operations | 8,066 | 15,123 | 1,842 |
| Capital spending | 9,405 | 7,948 | 3,688 |
| Funding reserves | 17,360 | 17,411 | 9,885 |
Note: Ci included program revenue from Program for the Homeless, R. W. Tegler Youth Centre, Brightwood Ranch, Women's Centre, Bethany Homes, and Calgary Hope, increasing total revenue by $15.2m in F2021, $13.0m in F2020, and $11.0m in F2019. Ci included the value of donated goods in kind in revenues. This includes ambulances with a value of $17k in F2021, $nil in F2020, and $80k in F2019, as well as the value of other reported gifts in kind of $41k in F2021, $23k in F2020, and $15k in F2019. Ci reported government funding from the charity's T3010 filing with the CRA. Ci reported program costs gross (less amortization) rather than net, increasing expenses by $20.4m in F2021, $16.3m in F2020, and $16.3m in F2019. Ci adjusted for deferred contributions (combined deferred donations and deferred government funding) and added it to other income, increasing total revenues by $1.2m in F2021, $8.5m in F2020, and $119k in F2019.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
3 |
$40k - $80k |
6 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
My anchor
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: (780) 422-2018