Canadian Hearing 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.
76%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 76 cents are available for programs.
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Programs
About Canadian Hearing Society:
Founded in 1940, Canadian Hearing Society (CHS) works to improve the health, economic wellbeing, and social inclusion of people who are deaf and hard of hearing. CHS is the largest agency in Canada that specifically supports the needs of people with hearing loss. CHS delivers programs to people in Ontario and works with similar groups in other provinces to share expertise on hearing aids.
In F2017, CHS allocated 47% of program spending to hearing health and wellbeing. People who are deaf or hard of hearing can have their hearing tested, consult experts to find appropriate hearing aids, and access counselling services.
Communications programs received 40% of spending in F2017. CHS provides translation, captioning, and interpretation services. American Sign Language (ASL) classes are offered for $195, plus $135 for a workbook. In F2017, over 1,700 people took ASL classes with CHS, more than twice as many as F2016.
Canadian Hearing Society reports that more than half of deaf families in Canada live below the poverty line. In F2017, CHS allocated 10% of program spending to employment services and 3% to corporate support services. The charity provides career planning, résumé editing, and interpretation services for job interviews for people with hearing loss. CHS will fill position openings for interested employers and provide training on employing people with hearing loss.
Results and Impact: In F2017, almost 1,000 people accessed CHS’s employment services and 250 found jobs through the charity. CHS reports that 96% of its clients receive satisfactory hearing aids.
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Finances
Canadian Hearing Society is a medium-sized charity, with donations of $2.4m in F2017. The charity received $7.1m from the sale of goods and services and $21.7m in government funding. Combined, these two sources represent 91% of total revenues.
Administrative costs are 8% of revenues and fundraising costs are 16% of donations. For every $1 donated, 76 cents go to the cause, falling well within Ci’s reasonable range. CHS has funding reserves of $8.8m, of which $549k is donor-endowed. Excluding donor-endowed funds, the charity could cover almost 4 months of programming with reserves.
This charity report is an update that has been sent to Canadian Hearing Society for review. Changes and edits may be forthcoming.
Updated on July 11, 2018 by Madison Kerr.
Financial Review
Fiscal year ending March
|
2017 | 2016 | 2015 |
|---|---|---|---|
| Administrative costs as % of revenues | 8.2% | 7.7% | 9.3% |
| Fundraising costs as % of donations | 15.7% | 24.3% | 15.4% |
| Program cost coverage (%) | 33.5% | 18.5% | 21.1% |
Summary Financial StatementsAll figures in $000s |
2017 | 2016 | 2015 |
|---|---|---|---|
| Donations | 2,362 | 3,005 | 4,722 |
| Government funding | 21,659 | 21,492 | 21,130 |
| Business activities (net) | 7,083 | 6,278 | 5,984 |
| Investment income | 569 | (103) | 322 |
| Total revenues | 31,673 | 30,672 | 32,158 |
| Program costs | 26,403 | 28,498 | 26,994 |
| Administrative costs | 2,535 | 2,361 | 2,954 |
| Fundraising costs | 371 | 729 | 727 |
| Cash flow from operations | 2,364 | (916) | 1,483 |
| Funding reserves | 8,846 | 5,265 | 5,701 |
Note: Donations include fundraising and gaming activities as Ci was unable to separately report gaming as net. Ci adjusted for unrealized gain on investments and gain on sale of equipment, affecting revenues by $457k in F2017, ($223) in F2016, and ($157k) in F2015. Revenue from the sale of goods and services is reported as net, affecting revenue and expenses by cost of goods sold. Ci adjusted for bad debts, affecting expenses by ($15k) in F2017, ($64k) in F2016, and ($65k) in F2015.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
3 |
$80k - $120k |
6 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2017
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Comments & Contact
Comments added by the Charity:
Charity Contact
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