Special Olympics British Columbia Society
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.
82%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 82 cents are available for programs.
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OVERVIEW
About Special Olympics British Columbia Society:
Special Olympics British Columbia is a 4-star charity. It has a B Results Reporting Score which is average. Its overhead spending is within Ci’s reasonable range, although it reports no fundraising costs in its financial statements. The charity’s reserves can cover program costs for two years and six months, which is within Ci’s reasonable range.
Founded in 1982, Special Olympics British Columbia (SOBC) organizes competitive sports for people with intellectual disabilities in BC. There are nearly 51,000 citizens with intellectual disabilities across the province. SOBC runs one main Sports program. It also runs the SOBC Health program. The charity spent $2.7m on its programs in the fiscal year ending in June (F2024). It did not break down program spending between programs.
The Sports program organizes a variety of competitive sports, both summer and winter. Special Olympics (global) has a four-year competition cycle. SOBC hosts regional qualifiers and provincial games which can lead athletes to the world games. The charity offers youth sports programing for kids aged two to eleven to help them develop motor and sport skills. In F2024, SOBC ran 54 youth programs and hosted 45 regional qualifiers.
The SOBC Health program does health screenings on athletes with intellectual disabilities. The program did four health screenings in F2024.
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Results and Impact
Special Olympics British Columbia says that 29% of caregivers said the health screenings detected a medical concern of which they were not aware. While Ci highlights these results, they may not completely represent SOBC’s results and impact.
SOBC is not yet rated on impact. This is shown as n/r and does not affect the star rating.
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Finances
Special Olympics British Columbia received $2.6m in donations and special events revenue in F2024, which is 72% of revenue. The charity got $655k in government funding and $336k in investment income.
It spent $2.7m on its programs, which is 75% of revenue. SOBC ran a surplus of $310k (9% of revenue). The charity spent $582k on fundraising and admin costs, which 18% of revenue (less investment income). For every dollar donated to the charity, 82 cents are available to go to the cause. This is within Ci's reasonable range, but SOBC did not report any fundraising costs in its financial statements.
SOBC has $7.8m in its reserves (cash and investments) of which $1.2m is externally endowed. Excluding donor-endowed funds, its reserves can cover program costs for two years and six months. This is within Ci’s reasonable range.
Updated on June 10, 2025 by Joshua Leduc.
Financial Review
Fiscal year ending June
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Fundraising & admin costs as % of revenues | 17.8% | 15.4% | 15.5% |
| Total overhead spending | 17.8% | 15.4% | 15.5% |
| Program cost coverage (%) | 250.7% | 192.6% | 263.6% |
Summary Financial StatementsAll figures in $s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 1,019,900 | 1,232,465 | 306,654 |
| Government funding | 655,458 | 699,773 | 838,471 |
| Fees for service | 9,311 | 7,031 | 3,034 |
| Lotteries (net) | 4,315 | 0 | 129,271 |
| Special events | 1,573,657 | 1,727,085 | 1,777,590 |
| Investment income | 335,626 | 195,646 | (38,948) |
| Total revenues | 3,598,267 | 3,862,000 | 3,016,072 |
| Program costs | 2,706,973 | 3,311,534 | 2,168,134 |
| Fundraising & administrative costs | 581,520 | 563,019 | 473,428 |
| Total spending | 3,288,493 | 3,874,553 | 2,641,562 |
| Cash flow from operations | 309,774 | (12,553) | 374,510 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 7,815,653 | 7,332,456 | 7,165,303 |
Note: 1. Ci adjusted for deferred funding which affected donations by $23k in F2024, $162k in F2023, and ($325k) in F2022. 2. Ci included unrealized investment gains (losses) which affected revenue by $103k in F2024, $54k in F2023, and ($227k) in F2022.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
0 |
$80k - $120k |
6 |
$40k - $80k |
3 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2024
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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: 604-737-3078