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.
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.
53%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 53 cents are available for programs.
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OVERVIEW
About Childhood Cancer Canada:
Childhood Cancer Canada is a 3-star charity. The charity has a below average results reporting grade and is financially transparent. Its overhead costs are outside Ci's reasonable range for overhead spending.
Founded in 1987, Childhood Cancer Canada (CCC) funds childhood cancer research and supports those affected by childhood cancer. The charity states that childhood cancer is the number one cause of death by disease for Canadian children. It also states that only 7% of all cancer research dollars are dedicated to childhood cancer. The charity runs five programs: Research, Emergency Fund, Benevolent Fund, Survivor Scholarships, and EmPower Packs. CCC reports it spent $1.3m on its programs in F2023.
The Research program received 49% of program spending. The charity supports C17 Council, an organization dedicated to researching childhood cancer. CCC also funds PRecision Oncology For Young peopLE (PROFYLE). PROFYLE receives tumor samples from cancer patients aged 0-29 who have a less than 30% predicted survival rate. These samples are then profiled and the information is used to develop specific therapies to target that cancer profile.
The Emergency Fund program received 24% of program spending. The charity states that expenses for medications and transport alone can exceed $1,350 monthly. The Emergency Fund provides a one-time payment of $250 to families that need financial help. In F2023 218 families received a payment.
The Benevolent Fund program received 11% of program spending. This fund helps support the costs of funerals for families whose child passed away from cancer. In F2023 61 families received financial support.
The Survivor Scholarship program received 8% of program spending. The program provides post-secondary education scholarships to childhood cancer survivors. In F2023 CCC awarded scholarships of over $251,000 to 163 people.
The EmPower program received 7% of program funding. CCC sends EmPower packs to newly diagnosed children and their families across Canada. EmPower packs are individualized and provide information and inspiration to the families who receive them. In F2023 CCC distributed 192 EmPower packs.
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Results and Impact
The charity states about 1,200 patients enrolled in PROFYLE. CCC found that about 25% of those patients were eligible for a clinical trial or therapy where there is evidence treatment could help. While Ci highlights these key results, they may not be a complete representation of Childhood Cancer Canada’s results and impact. The charity is not yet rated on impact (n/r).
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Finances
In F2023 Childhood Cancer Canada received $2.2m in cash donations. Administrative costs are 14% of revenues (excluding investment income). Fundraising costs are 33% of donations. This results in total overhead spending of 47%. For every dollar donated, 53 cents go to the cause. This falls outside Ci’s reasonable range for overhead spending. CCC has fallen outside Ci’s reasonable range in every year of Ci analysis.
In F2023 CCC spent $1.3m on its programs, which is 54% of its revenue. In F2023 it had a surplus of $30k.
Childhood Cancer Canada has $1.1m in reserve funds. This can cover 84%, or 10 months of its annual program spending.
In F2023, Childhood Cancer Canada paid external fundraisers $99k who collected $476k in donations. This means it cost CCC 21 cents to raise $1 using external fundraisers.
This charity report is an update that has been sent for review to Childhood Cancer Canada. Changes and edits may be forthcoming.
Updated on June 18, 2024, by Grady Simpson.
Financial Review
Fiscal year ending September
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 13.6% | 15.7% | 20.7% |
| Fundraising costs as % of donations | 33.0% | 28.0% | 28.6% |
| Total overhead spending | 46.6% | 43.7% | 49.2% |
| Program cost coverage (%) | 84.1% | 89.5% | 72.7% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 2,221,873 | 1,791,465 | 1,422,306 |
| Government funding | 0 | 92,889 | 87,687 |
| Lotteries (net) | 112,211 | 140,903 | 169,342 |
| Other income | 21,741 | 4,569 | 94 |
| Total revenues | 2,355,825 | 2,029,826 | 1,679,429 |
| Program costs | 1,272,028 | 1,169,264 | 1,079,633 |
| Administrative costs | 319,965 | 318,987 | 346,830 |
| Fundraising costs | 734,180 | 502,205 | 406,534 |
| Other costs | 0 | 0 | 3,107 |
| Total spending | 2,326,173 | 1,990,456 | 1,836,104 |
| Cash flow from operations | 29,652 | 39,370 | (156,675) |
| Capital spending | 2,367 | 4,165 | 0 |
| Funding reserves | 1,069,831 | 1,046,884 | 785,005 |
Note: LOTTERIES: Ci reports lottery revenues net of expenses. This reduced revenues and expenses by $99k in F2023, $90k in F2022, and $104k in F2021. DEFERRED ADJUSTMENT: Childhood Cancer Canada uses deferred accounting. To show donors information on a consistent basis, Ci adjusted for these deferred revenues. This affected revenues by $12k in F2023, ($19k) in F2022, and ($323k) in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
1 |
$40k - $80k |
3 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
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Toll-Free: 1-800-363-1062
Tel: 416-489-6440