Ronald McDonald House Charities Alberta
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.
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.
62%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 62 cents are available for programs.
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OVERVIEW
About Ronald McDonald House Charities Alberta:
Ronald McDonald House Charities Alberta is a 1-star charity. It has an average results reporting score of B. For every dollar donated, 62 cents are available to go towards the cause.
Ronald McDonald House Charities Alberta (RMHCA) was founded in 1983. In 2018, Ronald McDonald House Northern Alberta merged with Ronald McDonald House Southern Alberta. RMHCA supports families with seriously ill children while they receive treatment in local hospitals. Almost 70% of Canadian families live outside of a community with a children’s hospital, meaning they will need to travel to access medical care. Through its House program, RMHCA hopes to provide a home-away-from-home for any family with a sick or injured child. In 2023, Ronald McDonald House Charities Alberta spent $4.1m on its program.
RMHCA’s Houses are in Edmonton, Red Deer, Medicine Hat, and Calgary. In 2023, RMHCA provided 1,242 families with 25,890 nights of comfort. In 2023, the average length of stay was 33 nights in Calgary, 25 nights in Edmonton, 5 nights in Medicine Hat, and 6 nights in Red Deer. In Calgary, the 2023 average length of stay increased by 94% compared to 2022. In 2023, the charity served 200 communities in Alberta and 52 communities outside of Alberta.
The charity reports that it could only meet 14% of the total need for its services due to a lack of space. By 2025, Ronald McDonald House Charities Alberta hopes to expand its facilities and increase from 27 to 91 family suites.
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Results and Impact
Charity Intelligence found that Ronald McDonald House Charities Alberta reported many stories but no quantified data on its results.
Charity Intelligence has given Ronald McDonald House Charities Alberta a Low impact rating for demonstrated impact per dollar.
Impact Rating: Low
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Finances
RMHCA received $11.0m in donations in 2023, of which $1.8m came from Ronald McDonald House Canada. This is a 34% increase compared to the $8.2m total donations received in 2022. In 2023, the charity also received $1.1m of donated goods in kind. Administrative costs are 8% of revenue (excluding investment income) and fundraising costs are 30% of donations excluding related-party contributions. For every dollar donated, 62 cents are available to go towards the cause. This is outside Ci’s reasonable range for overhead spending. In 2023, 30 cents of every donated dollar were spent on programs.
The charity has $23.7m in reserve funds, which can cover five years and nine months of annual program costs.
Profile updated on June 21, 2024 by Abby Stout.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 7.8% | 10.8% | 10.1% |
| Fundraising costs as % of donations | 29.9% | 28.2% | 28.8% |
| Total overhead spending | 37.7% | 39.0% | 38.9% |
| Program cost coverage (%) | 572.4% | 618.6% | 748.9% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 11,039 | 8,214 | 7,823 |
| Goods in kind | 1,099 | 1,034 | 1,341 |
| Government funding | 0 | 0 | 538 |
| Fees for service | 300 | 356 | 267 |
| Investment income | 1,402 | (2,147) | 1,294 |
| Other income | (81) | (187) | (530) |
| Total revenues | 13,760 | 7,270 | 10,734 |
| Program costs | 4,143 | 4,214 | 3,793 |
| Donated goods exp | 1,099 | 1,034 | 1,341 |
| Administrative costs | 964 | 1,015 | 951 |
| Fundraising costs | 2,677 | 1,924 | 1,661 |
| Total spending | 8,883 | 8,187 | 7,746 |
| Cash flow from operations | 4,877 | (917) | 2,987 |
| Capital spending | 8,932 | 1,663 | 838 |
| Funding reserves | 23,717 | 26,067 | 28,404 |
Note: DEFERRED CONTRIBUTIONS: To report on a cash basis, Ci adjusted for deferred contributions. This affected revenues by ($209k) in 2023, ($205k) in 2022, and ($540k) in 2021. Deferred contributions were included in other revenue as RMHCA did not disclose the source. DEFERRED DONATED GOODS: Ci included deferred donated goods and services impact revenue and expenses by $1.1m in 2023, $1.0m in 2022, and $1.3m I 2021. INVESTMENT INCOME: Ci included investment income, impacting revenue by $1.4m in 2023, ($2.2m) in 2022, and $1.3m in 2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
1 |
$120k - $160k |
6 |
$80k - $120k |
2 |
$40k - $80k |
0 |
< $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: 403-340-2007