
Arthritis Research Canada
Richmond, BC V6X 2C7
Executive Director: Shauneen Kellner
Board Chair: Daniel Parlow
Website: www.arthritisresearch.ca
Charitable Reg. #: 87075 8547 RR0001
Charity Rating
Results Reporting
Grade: A-
The grade is based on the charity's public reporting of the work it does and the results it achieves.Financial Transparency



Need for Funding



Spending Breakdown
Cents to the Cause
♦ | ♦ | ♦ | |
95¢ | |||
75¢ | |||
avg | |||
65¢ | |||
50¢ | |||
2013 | 2014 | 2015 |
Full-time staff #19
Avg. Compensation $77,855
Top 10 Staff Salary Range
$350k + | 0 |
$300k - $350k | 0 |
$250k - $300k | 0 |
$200k - $250k | 0 |
$160k - $200k | 0 |
$120k - $160k | 2 |
$80k - $120k | 1 |
$40k - $80k | 7 |
< $40k | 0 |
About Arthritis Research Canada:
Founded in 2000, Arthritis Research Canada’s (ARC) mission is to “transform the lives of people living with arthritis through research and engagement.” Its vision is “a future where research-based services, tools and knowledge empower people living with arthritis to triumph over pain and disability.”
Arthritis Research Canada has facilities in British Columbia, Alberta and Quebec. Its multi-disciplinary research team of medical doctors and research scientists studies the causes of arthritis and addresses issues that impact people with arthritis. Researchers conduct clinical research and trials related to arthritis prevention, diagnosis, prognosis and quality of life. Arthritis Research Canada partners with universities, hospitals, funding agencies, arthritis treatment centres, The Arthritis Society and provincial governments to conduct its research. In F2015, ARC had 25 clinical investigators, 16 graduate students, 11 scientific staff and 15 members on the Arthritis Patient Advisory Board.
Financial Review:
Arthritis Research Canada is a medium-sized charity, with donations of $3.4m in F2015. Its donations include $2.1m in research grants that ARC holds in trust for its researchers. The charity's administrative costs are 7% of revenues and its fundraising costs are 12% of donations. The charity’s fundraising costs as a percentage of donations are 7% higher than F2014 due to $3m in deferred donations in F2014. For every $1 donated to the charity, 82 cents is put towards its programs, falling within Ci’s reasonable range. The charity’s funding reserves of $11.8m include $4.9m in restricted research grants and doctors designations that ARC holds in trust for its researchers. The program costs also include $2.4m in research costs that the charity states is directly funded by the research grants held in trust. This results in a high program cost coverage ratio of 433%. This means that the charity can fund 4.3 years of its annual programs using its existing reserves.
This charity report is an update that is being reviewed by Arthritis Research Canada. Changes and edits may be forthcoming.
Updated on June 23, 2016 by Lynn Tay.
Financial RatiosFiscal year ending March |
2015 | 2014 | 2013 |
---|---|---|---|
Administrative costs as % of revenues | 6.6% | 4.0% | 4.7% |
Fundraising costs as % of donations | 11.8% | 4.3% | 3.6% |
Program cost coverage (%) | 433.0% | 282.4% | 267.1% |
Summary Financial StatementsAll figures in $s |
2015 | 2014 | 2013 |
---|---|---|---|
Donations | 3,424,565 | 6,826,111 | 5,780,289 |
Government funding | 878,052 | 0 | 0 |
Fees for service | 0 | 0 | 77,660 |
Special events | 187,481 | 148,119 | 1,226 |
Investment income | 179,930 | 164,143 | 145,617 |
Other income | 94,130 | 17,472 | 0 |
Total revenues | 4,764,158 | 7,155,845 | 6,004,792 |
Program costs | 2,728,623 | 2,869,070 | 2,912,611 |
Administrative costs | 301,225 | 276,128 | 274,534 |
Fundraising costs | 426,616 | 300,303 | 208,490 |
Other costs | 16,077 | 0 | 0 |
Cash flow from operations | 1,291,617 | 3,710,344 | 2,609,157 |
Funding reserves | 11,815,237 | 8,101,680 | 7,779,226 |
Comments added by the Charity:
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