Tim Horton Children's Foundation
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.
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.
81%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 81 cents are available for programs.
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Programs
About Tim Horton Children's Foundation:
Founded in 1974, Tim Horton Children’s Foundation (THCF) runs seven camps in Canada and the United States that host teens from low-income families. Its camp programs help teens develop positive life skills and attitudes to prepare them for adulthood. THCF reports that 1.2 million children and youth live in poverty in Canada. As a result, the charity states that many students have limited access to support systems and opportunities that help them succeed.
Tim Horton Children’s Foundation offers two types of camp programs. Summer Programs offer camp sessions throughout the summer while School-Year Programs invite low-income schools for three-day field trips to develop leadership skills. Both programs are free for students.
In 2018, Tim Horton Children’s Foundation provided camp experiences for over 20,000 students. THCF camps are designed for students to attend more than once, with the time between visits intended as a chance to use skills learned at camp. At summer camps, students attend nine-day sessions each summer for five years. Since founding, THCF reports that its camps have reached more than 275,000 young people.
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Results and Impact
Charity Intelligence has given Tim Horton Children's Foundation a Low impact rating based on demonstrated impact per dollar spent.
In 2018, the charity reported that it reached 105.5 million media impressions through its Camp Day fundraising campaigns. While Ci highlights these key results, they may not be a complete representation of Tim Horton Children’s Foundation’s results and impact.
Impact Rating: Low

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Finances
Tim Horton Children’s Foundation is a Major 100 charity, one of Canada’s largest charities, with donations and special events revenues of $25.8m in F2019. At $12.3m and 46% of total revenues, Camp Day represented the largest source of funding in F2019. Camp Day is a special fundraising event that collects revenue from coffee and bracelet sales at Tim Hortons restaurants.
Administrative costs are 7% of revenues (less investment income) and fundraising costs are 12% of donations and special events revenue. This results in total overhead spending of 19%. For every dollar donated to the charity, 81 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
Tim Horton Children's Foundation has funding reserves of $819k, of which $105k is donor-endowed. Excluding donor-endowed funds, the charity can cover 3% or under one month of program costs with its existing reserves. This indicates a need for funding.
This charity report is an update that has been sent to Tim Horton Children’s Foundation for review. Changes and edits may be forthcoming.
Updated on July 8, 2020 by Eric Zhao.
Financial Review
Fiscal year ending October
|
2019 | 2018 | 2017 |
---|---|---|---|
Administrative costs as % of revenues | 7.1% | 6.9% | 6.7% |
Fundraising costs as % of donations | 11.6% | 14.4% | 10.3% |
Total overhead spending | 18.6% | 21.3% | 17.0% |
Program cost coverage (%) | 3.1% | 9.2% | 24.3% |
Summary Financial StatementsAll figures in $000s |
2019 | 2018 | 2017 |
---|---|---|---|
Donations | 6,634 | 8,482 | 8,325 |
Fees for service | 490 | 235 | 316 |
Business activities (net) | 296 | 0 | 0 |
Special events | 19,118 | 20,353 | 22,275 |
Investment income | 2 | (3) | 6 |
Other income | 419 | 139 | (522) |
Total revenues | 26,959 | 29,206 | 30,400 |
Program costs | 23,168 | 25,427 | 22,846 |
Administrative costs | 1,901 | 2,010 | 2,031 |
Fundraising costs | 2,984 | 4,161 | 3,163 |
Other costs | 51 | (45) | 8 |
Total spending | 28,104 | 31,553 | 28,048 |
Cash flow from operations | (1,145) | (2,347) | 2,352 |
Capital spending | 646 | 1,067 | 1,715 |
Funding reserves | 819 | 2,432 | 5,661 |
Note: Special event fundraising includes contributions from Camp Day and coin donation programs. Business activities include sales of Timmies Minis meals at Tim Hortons restaurants, of which 10 cents on each sale go to camp programs. The charity itself did not incur expenses for these sales. Ci adjusted for foreign exchange gains and changes in accounts and pledged donations receivable in other revenue, affecting total revenues by $419k in F2019, $139k in F2018, and ($522k) in F2017. Ci included investment income from the charity’s financial notes, affecting total revenues by $2k in F2019, ($3k) in F2018, and $6k in F2017. Ci excluded losses on the disposal of capital assets, affecting total expenses by ($877k) in F2019, ($48k) in F2018, and ($nil) in F2017.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
2 |
$80k - $120k |
7 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
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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: 519-448-1248