Childhood 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.
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.
56%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 56 cents are available for programs.
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Programs
About Childhood Cancer Canada:
Founded in 1987, Childhood Cancer Canada Foundation (CCCF) has a long-term goal of conquering childhood cancer. The charity reports that every six hours, a Canadian child is diagnosed with cancer. Overall, 0.7% of all new cancer cases in Canada occur in children and youth aged 0-19 years.
Childhood Cancer Canada Foundation runs research, education, and community programs. In 2017, CCCF granted 193 scholarships to students. Scholarships awarded are either a one-time $1500 grant for postsecondary education or a one-time $5000 grant for graduate or post-graduate education. The $5000 grant is only awarded to up to 10 students a year. In its community program, the charity supports families who have a child diagnosed with cancer by providing informative and inspirational customized packs—including hats, toys, and tablets—as well as support resources to the siblings of child cancer patients. CCCF also financially supported 38 funerals for children who passed away from cancer in F2017.
Results and Impact: Childhood Cancer Canada reports that with its contribution to research, the overall childhood cancer research community reduced childhood cancer mortality by 25% in the past decade.
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Finances
Childhood Cancer Canada is a Medium-sized charity with $2.1m in donations and special events revenues in F2017. Administrative costs are 12% of total revenues and fundraising costs are 32% of donations. For every dollar donated, 56 cents go to the cause, falling outside Ci's reasonable range for overhead spending.
The charity’s funding reserves of $621k are composed only of cash and cash equivalents. The charity does not report any interest-bearing investments or donor-endowed funds. Funding reserves cover only 52% of program costs, showing a need for donations. Program costs are not broken down by research, education and community programs, making it impossible to determine CCCF’s major program(s) of focus.
CCCF used external fundraisers in F2016. The charity paid $309k to raise $413k from the external fundraiser for a cost of $0.75 per dollar raised. F2017 information is not yet available.
This charity report is an update that has been sent to Childhood Cancer Canada for review. Changes and edits may be forthcoming.
Updated on June 4, 2018 by Joeyanne Cheung.
Financial Review
Fiscal year ending September
|
2017 | 2016 | 2015 |
|---|---|---|---|
| Administrative costs as % of revenues | 12.0% | 12.7% | 13.0% |
| Fundraising costs as % of donations | 32.0% | 32.0% | 32.8% |
| Program cost coverage (%) | 52.5% | 60.7% | 67.3% |
Summary Financial StatementsAll figures in $s |
2017 | 2016 | 2015 |
|---|---|---|---|
| Donations | 1,193,115 | 1,285,860 | 1,057,616 |
| Lotteries (net) | 67,967 | 68,213 | 80,867 |
| Special events | 879,631 | 923,666 | 700,996 |
| Total revenues | 2,140,713 | 2,277,739 | 1,839,479 |
| Program costs | 1,183,610 | 1,269,262 | 981,379 |
| Administrative costs | 256,635 | 289,872 | 238,699 |
| Fundraising costs | 663,615 | 706,246 | 577,093 |
| Cash flow from operations | 36,853 | 12,359 | 42,308 |
| Funding reserves | 621,391 | 770,024 | 660,481 |
Note: Amortization of capital assets has been backed out of administrative costs, program costs and fundraising costs based on % of total expenses.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
5 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2016
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Comments & Contact
Comments added by the Charity:
Charity Contact
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