Ronald McDonald House Toronto

240 McCaul Street
Toronto, ON M5T 1W5
CEO: Stephanie Karapita
Board Chair: Joseph Cooper

Charitable Reg. #:11885 2631 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.

A-

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.

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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Programs

About Ronald McDonald House Toronto:

Founded in 1981, Ronald McDonald House Toronto (RMHT), formally known as Toronto Children’s Care Inc., accommodates families of seriously ill children while they receive treatment in local Toronto hospitals. RMHT reports that about every 100 minutes, a new family in need of support arrived at either the Ronald McDonald House or one of the family rooms.

Ronald McDonald House Toronto’s House is less than half a kilometer away from Sick Kids Hospital in downtown Toronto and can hold 81 families at a time. RMHT charges families $15 per night and gives sick children the opportunity to live with their families while receiving treatment. RMHT housed 719 families in 2018. In F2018, families stayed at the house for the highest-ever average of 30 days and a record high occupancy rate of 96%. The House’s amenities include sleeping quarters, a kitchen, laundry facilities, a media room and a kids clubhouse. The families must live a minimum of 55km away from the hospital to be eligible for the house.

Ronald McDonald House Toronto also has 7 Family Rooms, located within 5 partner hospitals. These rooms are for families to escape the traditional hospital setting while staying close to their child in care. Family Rooms offer lounge rooms, laundry facilities, kitchens and napping areas, meant only for the families of children receiving treatment. RMHT served 4,016 families in 2018 with its Family Rooms.

Among the family programs RMHT offers its clients, its Toronto School is a standout program, being the only school of its kind in Canada. It is accredited as a private school and enrolls both patients and siblings, providing them with education and normalcy during treatment. The school saw an enrollment of 74 students in F2018. Another family program provided by RMHT is its Homes for Dinner program which provides meals to families in its house or family rooms. In F2018, 24,370 meals were served by RMHT.

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Results and Impact

In F2018, Ronald McDonald House Toronto reported that 96% of families are satisfied with their experience in its Family Rooms.

Impact Rating: Low

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Finances

Ronald McDonald House Toronto is a medium-sized charity with total donations of $5.8m in F2018. Administrative costs are 8% of revenues (excluding investment income) and fundraising costs are 14% of donations. For every dollar donated, 78 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

The charity holds funding reserves of $19.9m, which can cover annual program costs for 4.8 years.

This charity report is an update that has been sent to Ronald McDonald House Toronto for review. Changes and edits may be forthcoming.

Updated on July 16, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending December
201820172016
Administrative costs as % of revenues 7.7%9.1%10.8%
Fundraising costs as % of donations 14.3%17.2%21.3%
Program cost coverage (%) 483.8%434.1%562.8%

Summary Financial Statements

All figures in $000s
201820172016
Donations 5,7735,7724,462
Fees for service 396437396
Investment income (894)1,5851,247
Other income 1235460
Total revenues 5,2778,0296,565
Program costs 4,1094,7373,375
Administrative costs 477583573
Fundraising costs 826994952
Cash flow from operations (136)1,7151,665
Funding reserves 19,88120,56318,994

Note: Ci calculated investment income net of investment management fees, affecting both revenues and expenses by ($54k) in F2016. Investment income and realized gain/loss on investment was included in revenues affecting revenue by ($1.3m) in F2018, $1.6m in F2017, and $1.2m in F2016. Amortization of imputed interest benefit of $13k in F2018, $13k in F2017, and of $15k in F2016 is included in non-cash expenses and has been backed out of administrative costs.

Salary Information

Full-time staff: 43

Avg. Compensation $13,558

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
0
$120k - $160k
3
$80k - $120k
6
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2017

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Comments & Contact

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Charity Contact

Website: www.rmhctoronto.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

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