Colorectal Cancer 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.
B+
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.
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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OVERVIEW
About Colorectal Cancer Canada:
Colorectal Cancer Canada is a 4-star charity with reasonable overheads costs. It is financially transparent and has an above-average results reporting score.
Founded in 2017, Colorectal Cancer Canada (CCC) advocates and raises awareness of colorectal cancer. It also supports those affected by colorectal cancer. CCC was formed when Colon Cancer Canada and the Colorectal Cancer Association of Canada merged. It states that in 2023, colorectal cancer was the fourth most diagnosed cancer in Canada and was the second leading cause of cancer death. It also states that around 9,300 Canadians will die from the disease in 2023. The charity runs two main programs: Education, Awareness, and Advocacy; and Patient Support. CCC reports it spent $1.5m on its programs in F2023.
Education, Awareness, and Advocacy received a majority of the charity's program spending. CCC provides education tools so Canadians can understand and mitigate the risks and impact of colorectal cancer. Its website is a source of colorectal cancer information. In 2023 it had 111,082 unique visitors, a 52% increase from 2022. It also released 11 informational Tush Talks which earned 3,349 views. 230 people attended its Colorectal Cancer Community conference in November 2022. CCC reports it held over 200 education sessions and ran over 30 major awareness campaigns in F2023.
Patient Support received a minority of its program spending. CCC offers individual and group support for colorectal cancer patients and caregivers. The charity assisted 295 unique patients 978 times in F2023. It also releases resources for patients. CCC released 1,960 documents to patients and health centers in F2023. The charity reports it provided over 70,000 hours of support in F2023.
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Results and Impact
CCC produces a bilingual monthly e-newsletter to share colorectal cancer resources and stories across Canada. In 2023 the newsletter had 19,299 subscribers and a 43% read rate. The read rate increased from 26% in 2021.
CCC held its sixth annual Patient-Centered Approach to Clinical Trials (PACT) conference in 2022. This conference presents recommendations to increase patient participation in cancer clinical trials. Attendees rated the conference 4.8 out of 5.0 on satisfaction.
While Ci highlights these key results, they may not be a complete representation of Colorectal Cancer Canada’s results and impact.
The charity is not yet rated on impact (n/r).
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Finances
In F2023 Colorectal Cancer Canada received $2.4m in donations and special events fundraising. Administrative costs are 10% of revenues (excluding investment income). Fundraising costs are 9% of donations. This results in total overhead spending of 19%. For every dollar donated, 81 cents are available to go to the cause. This falls within Ci’s reasonable range for overhead spending.
In F2023 CCC spent $1.5m on its programs, which is 63% of its revenue. In F2023 it had a surplus of $462k.
Colorectal Cancer Canada has $1.6m in reserve funds. This can cover 107%, or one year and one month of its annual program spending.
In addition to reported salary information, CCC paid $295k in consulting fees to a director in F2023 ($280k in F2022 and $254k in F2021). CCC’s audited financial statements do not disclose activity-based costing. Ci reports the breakdown of CCC’s program, fundraising and administrative costs from CCC’s T3010 filing.
This charity report is an update that has been sent for review to Colorectal Cancer Canada. Changes and edits may be forthcoming.
Updated on July 25, 2024, by Grady Simpson.
Financial Review
Fiscal year ending June
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 9.8% | 11.2% | 8.2% |
| Fundraising costs as % of donations | 8.7% | 8.8% | 3.2% |
| Total overhead spending | 18.5% | 20.0% | 11.4% |
| Program cost coverage (%) | 107.3% | 91.6% | 104.9% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 2,061,679 | 1,310,630 | 1,478,024 |
| Government funding | 2,674 | 52,183 | 172,182 |
| Special events | 301,182 | 378,711 | 66,097 |
| Investment income | 20,413 | 6,551 | 4,923 |
| Other income | 24,511 | (1,761) | (4,115) |
| Total revenues | 2,410,459 | 1,746,314 | 1,717,111 |
| Program costs | 1,507,708 | 1,378,903 | 1,108,705 |
| Administrative costs | 234,222 | 195,185 | 140,501 |
| Fundraising costs | 206,242 | 148,089 | 48,644 |
| Total spending | 1,948,172 | 1,722,176 | 1,297,851 |
| Cash flow from operations | 462,287 | 24,138 | 419,260 |
| Capital spending | 19,132 | 2,309 | 10,528 |
| Funding reserves | 1,618,508 | 1,262,889 | 1,162,523 |
Note: DEFERRED ADJUSTMENT: CCC uses deferred accounting. To show donors information on a consistent basis, Ci adjusted for these deferred revenues. This affected revenues by $24k in F2023, ($21k) in F2022, and $297k in F2021. T3010: Ci reported program, administrative, and fundraising costs from the charity’s T3010 filings for all three years. AMORTIZATION: Ci removed amortization on a pro rata basis from program, administrative and fundraising costs in F2023, F2022 and F2021. MUNICIPAL GOVERNMENT: Ci removed municipal government funding from donations and moved it to government funding based on the charity’s T3010. WAGE SUBSIDY: Ci reported the Canada Emergency Rent Subsidy and Canada Emergency Wages Subsidy programs as revenue under government funding and added it pro rata to program, administrative and fundraising costs. This increased revenue and expenses by $47k in F2022 and $147k in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
2 |
$40k - $80k |
5 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
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