Brain Tumour Foundation of 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.
78%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 78 cents are available for programs.
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OVERVIEW
About Brain Tumour Foundation of Canada:
Brain Tumour Foundation of Canada is a 4-star charity. It has an above-average results reporting score, acceptable overhead spending, and is financially transparent.
Founded in 1982, Brain Tumour Foundation of Canada (BTFC) funds services to support people with brain tumours. BTFC also gives money to researchers to improve treatments and find a cure for this disease. Currently, about 55,000 Canadians have brain tumours. BTFC believes that this number will increase as the population ages.
Brain Tumour Foundation of Canada has two main programs: Patient Services and Research.
Patient Services represented 70% of BTFC’s program spending in F2022. BTFC hosts conferences and group meetings for people with brain tumours. In F2022, the charity led 12 support groups and six private Facebook groups. The charity also runs an annual Brain Tumour Walk, which had 2,785 participants in F2022.
Research represented 30% of BTFC’s program spending in F2022. The charity gave out 19 different grants and awards to researchers across Canada. BTFC also funds the Brain Tumour Tissue Bank, which received 73 different samples during F2022. These samples help advance research on brain tumours in hopes of finding a cure.
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Results and Impact
In 2019, Dr. Raymond Reilly received a research grant from Brain Tumour Foundation of Canada. In F2022, his research found that radiation nanomedicine can treat tumours in the brains of mice. This discovery could eventually lead to a new brain cancer treatment for humans.
While Ci highlights these key results, they may not be a complete representation of BTFC’s results and impact. This charity is not yet rated on impact (n/r).
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Finances
Brain Tumour Foundation of Canada had donations and special events revenue of $3.2m in F2022. The charity received no government funding. Administrative costs are 8% of revenues (less investment income) and fundraising costs are 14% of donations and special events. This results in total overhead spending of 22%. For every dollar donated, 78 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
Brain Tumour Foundation of Canada has $4.0m in funding reserves, of which $337k is donor endowed. Excluding donor-endowed funds, the charity could cover 156% or around a year and a half of annual program costs with current reserves.
This charity report is an update that has been sent to Brain Tumour Foundation of Canada for review. Changes and edits may be forthcoming.
Updated on June 15, 2023 by Clive Stevens.
Financial Review
Fiscal year ending December
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 7.5% | 7.0% | 7.9% |
| Fundraising costs as % of donations | 14.4% | 11.9% | 14.9% |
| Total overhead spending | 21.8% | 18.8% | 22.8% |
| Program cost coverage (%) | 155.6% | 186.2% | 151.1% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 1,273,955 | 1,245,190 | 1,137,705 |
| Goods in kind | 3,694 | 0 | 6,217 |
| Government funding | 0 | 10,000 | 348,299 |
| Special events | 1,880,718 | 2,209,844 | 1,642,585 |
| Investment income | (228,234) | 193,626 | 150,286 |
| Other income | 14,860 | 3,676 | 7,109 |
| Total revenues | 2,944,993 | 3,662,336 | 3,292,201 |
| Program costs | 2,388,099 | 2,058,551 | 2,093,266 |
| Administrative costs | 236,621 | 241,614 | 246,565 |
| Fundraising costs | 453,352 | 409,983 | 414,761 |
| Total spending | 3,078,072 | 2,710,148 | 2,754,592 |
| Cash flow from operations | (133,079) | 952,188 | 537,609 |
| Capital spending | 20,939 | 9,306 | 12,416 |
| Funding reserves | 4,027,096 | 4,173,498 | 3,482,415 |
Note: Ci reported government funding, affecting revenue by $nil in F2022, $10k in F2021, and $348k in F2020. Ci removed amortization from program and fundraising costs on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
2 |
$40k - $80k |
7 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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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: 519-642-7755