412 Queen Street East
Toronto, ON M5A 1T3
Executive Director: Aklilu Wendaferew
Board Chair: Rob Graham

Charitable Reg. #:89250 8169 RR0001

STAR RATING

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

[Charity Rating: 1/5]

FINANCIAL TRANSPARENCY

Audited financial statements available only through official request for information from Charities Directorate.

C+

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.

84%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 84 cents are available for programs.



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OVERVIEW

About Good Shepherd Ministries:

Good Shepherd Ministries is a 1-star charity. It has overhead spending within Ci’s reasonable range, but it is not financially transparent and has a below-average results reporting grade and Low demonstrated impact.

Founded in 1963, Good Shepherd Ministries is a Roman Catholic charity that serves poor and homeless people in Toronto, Ontario. The charity strives to end chronic homelessness in its community by providing free food, shelter, clothing, medical care, addiction treatment and counseling services. It runs programs at three locations: Good Shepherd Centre, Barrett House, and St. Joseph’s Residence. The charity does not provide a breakdown of spending by locations or programs.

Good Shepherd Centre runs an emergency shelter that houses 97 adult men each night. The occupancy rate in F2022 was 96%. It also offers dining and meal services that provide up to 1,000 meals each day. In F2022, the charity served 261,593 meals in total. Each meal includes soup, a main course, vegetables or salad, bread, dessert and a beverage. Additionally, Good Shepherd Centre offers a Drug and Alcohol Recovery Enrichment Program (DARE), which provides shelter and treatment for 25 homeless men with addictions. The Resettlement Program works one-on-one with homeless men to help them find and keep suitable housing. In F2022, the charity helped 47 people through its Resettlement and DARE programs.

Good Shepherd Ministries states that Barrett House is Toronto's first supportive housing residence for people living with HIV and AIDS. Barrett House has six bedrooms and provides residents with 24-hour care, dining services, medical care, transportation, and housing support.  

St. Joseph’s Residence supports eight seniors over 55 years of age with a history of chronic homelessness. Individuals who suffer from mental health issues, chronic illness, addiction, or disabilities are prioritized for this program.

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Results and Impact

In F2022, Good Shepherd Ministries reported helping 14 people find supportive housing in its Resettlement Program. It also supported 13 veterans in finding housing in the Veteran’s Housing Program. The charity also provides dining and meal services for people in need. In F2022, it served an average of 717 meals to 284 individuals daily.

While Ci highlights these key results, they may not be a complete representation of Good Shepherd Ministries’ results and impact.

Charity Intelligence has given Good Shepherd Ministries a Low impact rating based on demonstrated social impact per dollar spent.

 

Impact Rating: Low

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Finances

Good Shepherd Ministries is not financially transparent. The charity's financial statements are not posted online nor available upon request from the charity. The financial review for Good Shepherd Ministries was completed using audited financial statements received from the CRA.

In F2022, Good Shepherd Ministries had donations of $3.3m. The charity received $4.5m in government funding, representing 58% of total revenues. Administrative costs are 8% of revenues (less investment income), and fundraising costs are 9% of donations. This results in total overhead spending of 16%. For every dollar donated, 84 cents go to the cause, which is within Ci’s reasonable range for overhead spending. This is an improvement from F2019, in which 65 cents of every dollar went to the cause.

Good Shepherd Ministries has $5.4m in reserve funds, once the term loan of $4.0m is accounted for. The charity could cover 115% or roughly 14 months of its annual program costs with its reserves.

Charity Intelligence has sent this update to Good Shepherd Ministries for review. Changes and edits may be forthcoming.

Updated on July 25, 2023 by Krystie Nguyen.

Financial Review


Financial Ratios

Fiscal year ending March
202220212020
Administrative costs as % of revenues 7.8%7.9%15.6%
Fundraising costs as % of donations 8.5%8.0%11.5%
Total overhead spending 16.2%15.8%27.1%
Program cost coverage (%) 115.4%180.5%138.9%

Summary Financial Statements

All figures in $000s
202220212020
Donations 3,2903,1472,901
Government funding 4,4625,1133,401
Fees for service 525244
Investment income 284288
Other income (90)27166
Total revenues 7,7428,3816,601
Program costs 4,6635,0084,867
Administrative costs 5996551,017
Fundraising costs 279251334
Total spending 5,5415,9136,217
Cash flow from operations 2,2012,468384
Capital spending 1,83629698
Funding reserves 5,3829,0386,762

Note: Ci adjusted for deferred capital contributions, affecting revenues by ($59k) in F2022, $12k in F2021, and $112k in F2020. Ci adjusted for deferred contributions, affecting revenues by ($92k) in F2022, $12k in F2021, and $166k in F2020. Ci used program, management, and fundraising costs listed on the charity’s T3010 filing.

Salary Information

Full-time staff: 48

Avg. compensation: $79,507

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
3
$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

Website: www.goodshepherd.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (416)-869-3619

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