Diabetes 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.
A
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.
40%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 40 cents are available for programs.
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OVERVIEW
About Diabetes Canada:
Diabetes Canada is a 3-star charity that is financially transparent. It has an A results reporting grade which is above average. For every dollar donated to the charity, 40 cents go to the cause. This is outside of Ci’s reasonable range for overhead spending.
Founded in 1953, Diabetes Canada (previously called Canadian Diabetes Association) supports Canadians with diabetes through education, advocacy, and research. Diabetes is a chronic disease where the body can't properly use or produce insulin, leading to high blood sugar levels. There is Type 1 diabetes (an auto-immune condition that develops in childhood), Type 2 diabetes (develops in adults due to poor diet or lack of exercise), gestational diabetes, and prediabetes. The charity reports diabetes affects one in three Canadians and that roughly 10% of people living with diabetes have Type 1 diabetes.
Since founding, Diabetes Canada has invested $160m in research and received more than $100k views for diabetes virtual conferences. Coming to the end of its three-year (2022-2024) Strategic Plan, it launched its six-year (2024-2029) research strategy. This focuses on two main goals: advancing innovative diabetes research and strengthening the skills of researchers.
Diabetes Canada works through four programs: Research, Improving Management & Prevention, Drive for Excellence in Diabetes Care, and Helping Children and Adults with Type 1 Diabetes. Diabetes Canada spent $21.3m on its programs and grants in F2023.
In F2023, the Research program received 36% of program and grant spending ($7.7m). This is the most Diabetes Canada has ever invested in research, a 13% increase from F2022. In F2023, it funded 76 research projects involving 260 researchers at 20 different institutions. The charity funds research to improve treatments and find a cure for the disease.
The Improving Management and Prevention program made up 24% of program and grant spending ($5.1m) in F2023. This program aims to help people with diabetes by improving access to supplies and advocating for better laws. It also offers education and workshops to teach diabetes management and promote healthy lifestyle choices. In F2023, the charity’s support line, 1-800 BANTING Info & Referral, received 15,173 calls and emails, and spent 46,633 minutes helping callers. It also hosted its first Diabetes Canada Connect event in November 2023, with over 2,700 caregivers and people with diabetes attending.
In F2023, the Drive for Excellence in Diabetes Care program represented 22% of program and grant spending ($4.7m). This program educates healthcare professionals and people with diabetes through podcasts, web series, and globally recognized Clinical Practice Guidelines. In F2023, its healthcare professional webinars were viewed more than 5,000 times and its podcasts had over 3,000 listeners. The charity’s Vascular Congress hosted 1,400 speakers, 76 exhibitors, and 3,768 delegates.
Finally, in F2023, the Helping Children and Adults with Diabetes program accounted for 18% of program and grant spending ($3.8m). In F2023, Diabetes Canada offered nine D-camps, summer camps for young people with Type 1 diabetes, and 12 family camps. 985 children and 855 family members attended. 67 youth participated in its leadership development program.
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Results and Impact
24% of summer D-camp attendees were new campers. 100% of D-campers felt that camp helped build self-esteem which will help them live better with Type 1 diabetes. 100% of staff feel they made a positive impact on campers.
91% of attendees at the first Diabetes Canada Connect event said they learned something new and gained valuable information. 86% of attendees stated they plan to make changes to their diabetes management.
In F2023, donated items collected by Diabetes Canada from landfills translated into $2.9m to support its programs.
Two new research chapters addressing do-it-yourself automated insulin delivery (DIY AID) and Type 1 diabetes research were added to the Clinical Practice Guidelines in F2023.
While Ci highlights these key results, they may not be a complete representation of Diabetes Canada’s results. This charity is not yet rated on impact (n/r).
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Finances
Ci used Diabetes Canada’s non-consolidated financial statements for the financial analysis of F2023.
Diabetes Canada had donations of $25.9m in F2023, making it a Major 100, one of Canada’s 100 largest charities in terms of donations. Administrative costs are 10% of revenues (less investment income) and fundraising costs are 50% of donations and special events revenue. This results in total overhead spending of 60%. For every dollar donated, 40 cents are available to go towards the charity’s programs. This is outside Ci’s reasonable range of 65 to 95 cents for overhead spending.
Diabetes Canada has $41.1m in funding reserves, of which $1.3m is donor endowed. Excluding donor-endowed funds, the charity could cover one year and ten months of annual program and granting costs. Diabetes Canada had a deficit $5.0m in F2023. In F2023, Diabetes Canada paid external fundraisers $600k to raise $783k in donations, for a cost of $0.77 for every dollar raised.
Diabetes Canada’s Declutter operation, which picks up used clothing and donated household goods, is held in a separate trust that transfers the net profit to Diabetes Canada. It reports selling donated clothing and items to help fund research and programs. The operation has an exclusive partnership with Value Village. In F2022, Diabetes Canada received $2.9m from the operation compared to $4.2m in F2022 and $6.1m in F2021.
This charity report is an update that has been sent to Diabetes Canada for review. Changes and edits may be forthcoming.
Updated on June 28, 2024 by Alexia Tudose.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 10.1% | 7.6% | 6.7% |
| Fundraising costs as % of donations | 49.6% | 38.5% | 31.6% |
| Total overhead spending | 59.7% | 46.1% | 38.3% |
| Program cost coverage (%) | 178.4% | 260.0% | 341.5% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 25,906 | 25,473 | 25,091 |
| Government funding | 353 | 514 | 1,916 |
| Fees for service | 1,869 | 1,749 | 404 |
| Business activities (net) | 2,918 | 4,223 | 6,145 |
| Special events | 0 | 821 | 965 |
| Investment income | 2,066 | 870 | 112 |
| Other income | 254 | 263 | 175 |
| Total revenues | 33,366 | 33,913 | 34,808 |
| Program costs | 13,228 | 13,091 | 7,645 |
| Grants | 9,137 | 3,031 | 1,601 |
| Administrative costs | 3,167 | 2,521 | 2,331 |
| Fundraising costs | 12,852 | 10,119 | 8,239 |
| Total spending | 38,385 | 28,762 | 19,817 |
| Cash flow from operations | (5,019) | 5,151 | 14,991 |
| Capital spending | 545 | 536 | 1,014 |
| Funding reserves | 41,089 | 43,004 | 32,619 |
Note: Diabetes Canada reports on deferred basis. To show its financials consistent with other charities, Ci adjusted donations by changes in deferred revenue from non-government sources. This affected revenues by ($814k) in F2023, ($1.1m) in F2022, and ($1.1m) in F2021. Ci also adjusted donations by changes in deferred revenue from government sources. This affected revenues by ($367k) in F2023, ($307k) in F2022, and ($277k) in F2021. Diabetes Canada does not report amortization on its income statements. As such, Ci removed its non-cash amortization charge from program, administrative, and fundraising costs on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
1 |
$250k - $300k |
1 |
$200k - $250k |
3 |
$160k - $200k |
2 |
$120k - $160k |
3 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
In 2021, Diabetes Canada celebrated the 100th anniversary since the discovery of insulin. The discovery of insulin changed lives, but 100 years later more Canadians have diabetes than ever before.
Since 1975, Diabetes Canada has supported outstanding diabetes research in Canada and provided more than $140 million in research grants, awards and partnerships to scientists across the country. Through the End Diabetes Fund (launched in F2021), Diabetes Canada provided a variety of research funding opportunities by investing $60 million over the following three years.
Diabetes Canada also finalized a three-year strategic plan focused on improving the lives of people living with diabetes. Two key goals include being the go-to place for patient knowledge and connection; and changing the conversation around diabetes—both of which Diabetes Canada is uniquely positioned to facilitate.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416.363.3373