Ronald McDonald House South Central Ontario
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
FINANCIAL TRANSPARENCY
Most recent Audited financial statements 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.
69%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 69 cents are available for programs.
My anchor
OVERVIEW
About Ronald McDonald House South Central Ontario:
Ronald McDonald House South Central Ontario is a two-star charity with a low demonstrated impact rating. It has a B results reporting grade, which is average. For every dollar donated to the charity, 69 cents are available to go to the cause, which is within Ci's reasonable range.
Founded in 1991, Ronald McDonald House South Central Ontario (RMHSCO), formally known as Kids Care Oncology Central West Ontario, provides a home away from home for sick children and their families. It primarily serves clients from the Kitchener/Waterloo, Niagara, and Wellington counties, near Hamilton, Ontario. RMHSCO is one of 15 Ronald McDonald house chapters across Canada helping the families of children diagnosed with serious illness or injury when they must travel for their child's treatment. RMHSCO was built in 1993 as a 15-bedroom house next to McMaster Children’s Hospital. In 2012 the house expanded to 41 bedrooms. RMHSCO spent $1.6m on its programs in F2021.
RMHSCO asks guests that stay at its House to pay $12 per night; however, the charity states that it will never turn a family away if they are unable to pay. Families that stay at the House have access to a private bedroom, playroom, fitness room, theatre, laundry facilities, and family kitchen. RMHSCO’s House provided 6,957 nights of comfort to 349 families, at an occupancy rate of 56% in F2021. The average length of stay was 16 nights. The charity also provided 27,890 meals to families in F2021.
RMHSCO also operates two Ronald McDonald Family Rooms, located in the McMaster Children’s Hospital. The Family Rooms provide a comfortable environment for families when they cannot leave the hospital. It provides laundry, computer access, and kitchenette facilities. In F2021, its Family Room received 30,028 visits from 2,179 unique families.
My anchor
Results and Impact
In F2021, RMHSCO reports that it saved $3.5 million in out-of-pocket expenses for families.
While Ci highlights these key results, they may not be a complete representation of RMHSCO’s results and impact.
Charity Intelligence rates Ronald McDonald House South Central Ontario as Low on demonstrated impact per dollar.
Impact Rating: Low
•
My anchor
Finances
RMHSCO received $3.8m in donations and special events revenue in F2021. Administrative costs are 13% of revenue (excluding investment income), and fundraising costs are 19% of donations excluding grants from Ronald McDonald House Charities. This results in total overhead spending of 31%. For every dollar donated to the charity, 69 cents are available to go to the cause, which is within Ci’s reasonable range.
The charity has $3.5m in reserve funds, which can cover 222%, or two years and three months of its annual program costs.
This report is an update which has been sent to Ronald McDonald House South Central Ontario for review. Changes and edits may be forthcoming.
Updated August 22, 2023 by Liam Chapleau.
Financial Review
Fiscal year ending December
|
2021 | 2020 | 2019 |
|---|---|---|---|
| Administrative costs as % of revenues | 12.5% | 12.5% | 12.2% |
| Fundraising costs as % of donations | 18.8% | 23.1% | 15.1% |
| Total overhead spending | 31.3% | 35.6% | 27.2% |
| Program cost coverage (%) | 222.4% | 163.1% | 81.9% |
Summary Financial StatementsAll figures in $s |
2021 | 2020 | 2019 |
|---|---|---|---|
| Donations | 2,841,809 | 2,018,421 | 2,046,119 |
| Goods in kind | 180,892 | 303,856 | 384,712 |
| Government funding | 89,362 | 405,742 | 0 |
| Fees for service | 79,283 | 67,547 | 171,996 |
| Special events | 926,367 | 939,280 | 1,329,177 |
| Investment income | 9,521 | 19,117 | 20,117 |
| Other income | (298,241) | (313,582) | (355,615) |
| Total revenues | 3,828,993 | 3,440,381 | 3,596,506 |
| Program costs | 1,573,485 | 1,489,956 | 2,031,471 |
| Donated goods exp | 180,892 | 303,856 | 384,712 |
| Administrative costs | 478,116 | 428,564 | 434,428 |
| Fundraising costs | 649,968 | 603,155 | 455,260 |
| Total spending | 2,882,461 | 2,825,531 | 3,305,871 |
| Cash flow from operations | 946,532 | 614,850 | 290,635 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 3,499,082 | 2,430,646 | 1,663,182 |
Note: Investment income was included in revenues, affecting revenues by $10k in F2021, $19k in F2020, and $20k in F2019. Amortization was backed out of program costs. Ci included donated goods in kind and removed the amount from donations. To report on a cash basis, Ci included deferred contributions, impacting revenue by ($298k) in F2021, ($314k) in F2020, and ($356k) in F2019.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
1 |
$80k - $120k |
4 |
$40k - $80k |
4 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
My anchor
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: 905-521-9983