4300 Still Creek Drive
Burnaby, BC V5C 6C6
CEO: Cally Wesson
Board Chair: Kenton Boston

Charitable Reg. #:10816 8709 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

C+

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.

34%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 34 cents are available for programs.



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Programs

About Variety BC:

Founded in 1966, Variety BC (also known as Variety – the Children’s Charity) aims to help children in British Columbia whose medical needs are not covered by the public health system. Variety BC raises funds and provides grants for various medical equipment, therapy programs, and supplies. The charity reports that it helped 2,945 children with physical or developmental disabilities in F2018. Variety BC’s three largest spending areas include specialized therapy, mobility supplies, and education.

Variety BC raises funds for specialized therapy programs that help children communicate and connect with others. Variety BC offers grants for occupational and physical therapy, speech and language therapy, and music therapy. In F2018, the charity reported that it funded 8,000 hours of speech therapy for its clients, at an average cost of $120 per hour.

The goal of Variety BC’s mobility program is to help children with mobility challenges move with freedom. The charity provides wheelchairs, standing walkers, and custom orthotics. The charity also offers Sunshine Family Vans and Sunshine Coaches, which are accessible vehicles that help families travel together with their children. The charity reports that it has now provided over 600 Sunshine Coaches.

The charity’s education program offers support to students through bursaries and tutoring services. In F2018, the charity reported that it provided $172k through 63 bursaries. The charity also funded 2,471 hours of tutoring services during the year, at an average cost of $50 per hour.

Aside from its main programs, Variety BC operates the BC Family Residence Program on behalf of the Ministry of Health and Government of BC. The program provides housing assistance for families as their children receive medical care at BC Children’s Hospital or Sunny Hill Health Centre for Children. Variety BC provides each family with one room for up to 30 days per visit.

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Results and Impact

Variety BC selects families with the greatest financial need when offering individual grants, and only accepts applicants with an annual household income under $65,000. In F2018, the charity reports that it provided 635 children with individual grants to purchase essential therapy, equipment, or education support. The charity reports that 57 children received custom orthotics and 20 children received hearing aids in F2018.

While Ci highlights these key results, they may not be a complete representation of Variety BC’s results and impact.

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Finances

Variety BC is a medium-sized charity with donations of $4.9m in F2019. The charity received $1.3m in government funding (20% of revenues) that went to the BC Family Residence Program. Administrative costs are 19% of revenues and fundraising costs are 47% of donations. This means that total overhead spending is 66%. For every dollar donated to the charity, 34 cents go to the cause. This is far outside of Ci’s reasonable range for overhead spending. Variety BC has historically spent around 60% or more on overhead each year.

The charity has funding reserves of $7.1m, of which $724k is donor-endowed. Excluding donor-endowed funds, Variety BC has a program cost coverage ratio of 149%. This means that the charity can cover around 1.5 years of annual program costs with its existing funding reserves.

This charity report is an update that is currently being reviewed by Variety BC. Changes and edits may be forthcoming.

Updated on June 5, 2020 by Eric Zhao.

Financial Review


Financial Ratios

Fiscal year ending September
201920182017
Administrative costs as % of revenues 18.8%21.6%17.7%
Fundraising costs as % of donations 47.3%51.2%39.3%
Total overhead spending 66.2%72.8%57.0%
Program cost coverage (%) 148.9%187.5%181.9%

Summary Financial Statements

All figures in $000s
201920182017
Donations 4,9144,5065,467
Government funding 1,3001,0002,000
Fees for service 949082
Lotteries (net) 69111116
Other income 289281285
Total revenues 6,6665,9877,951
Program costs 2,9042,5833,962
Grants 1,4081,4721,216
Administrative costs 1,2551,2951,409
Fundraising costs 2,3262,3052,147
Total spending 7,8947,6558,733
Cash flow from operations (1,228)(1,668)(782)
Capital spending 619102
Funding reserves 7,0928,24710,052

Salary Information

Full-time staff: 22

Avg. Compensation: $71,674

Top 10 staff salary range:

$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 F2018

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Comments & Contact

Comments added by the Charity:

Variety Club BC added the following comments to a previous profile update in 2017. New comments may be forthcoming.

Donations in Variety BC’s fiscal year of 2016 decreased by 24%. Variety BC did not want to cut funding to the families and children who rely on us, so despite the decrease in fundraising revenue, program costs and grants actually increased by 3% over the previous year. This was achieved by using $3,556,000 from our reserve, a factor which we understand is not considered as part of Charity Intelligence’s standardized metric, used as the basis for their financial analysis. As per CRA’s List of Charities website, Variety BC’s actual spending breakdown for F2016 therefore was 61% towards programs and granting with 16% towards admin costs and 24% to fundraising.

Charity Contact

Website: www.variety.bc.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 604-320-0505

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