Covenant House Toronto
Toronto, ON M5B 2P3
Executive Director: Bruce Rivers
Board Chair: Ken Morell
Charitable Reg. #: 10699 0195 RR0001
Grade: A-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to the Cause
Impact Rating: Low
Full-time staff #188
Avg. Compensation $75,055
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||2|
|$160k - $200k||2|
|$120k - $160k||5|
|$80k - $120k||0|
|$40k - $80k||0|
About Covenant House Toronto:
Founded in 1982, Covenant House Toronto (COVT) works to protect at-risk, homeless and trafficked youth, who make up as much as 18% of the homeless population in Canada. As many as 40% of those youth were first homeless before the age of 16. Many of these young people have experienced trauma or face mental health issues. Left on the streets, kids can become involved in drugs, sex trafficking, or gangs.
In F2018, COVT allocated 47% of program spending to the crisis shelter. A total of 743 youth used the shelter, a 20% decrease since F2017. COVT notes that this is due to a record high daily number of youths staying in the shelter for longer periods of time, which is attributable to the lack of stable, affordable housing and sustainable employment opportunities for them. The on-site health centre provided 4,843 healthcare visits in F2018. There are emergency beds reserved for young women who were victims of sex trafficking or exploitation.
Long-Term Transitional Housing received 17% of program funding in F2018. This program prepares youths for living independently by offering workshops on budgeting, laundry, and grocery shopping. Job training and career counselling services are also available. If they stick to a personal plan including work or school, the youths can live in an apartment while paying a third of the market-rate rent. Covenant House Toronto has recently opened Avdell Home, its second supported housing program for victims of sex trafficking.
Covenant House Toronto allocated 21% of program funding to Community Support Services and Outreach. Support Services help homeless or low-income youths who live outside of the crisis shelter. Kids can access a COVT foodbank, get clean clothes, or access counselling. In F2018, 140 youths received support for mental health and addiction issues, 90 victims of sexual exploitation had specialized support, and 42 youths were matched with mentors.
In F2018, 7% of program spending was allocated to educating the public about youth homelessness and sex trafficking, 5% covered healthcare costs for youth, and 3% was allocated to program evaluation and research.
Results and Impact:
Given the high cost per client, impact per dollar was rates as Low by Ci (see impact grid in lower right).
COVT’s 2018-2022 Strategic Plan includes progress reports on its goals. As part of COVT’s goal to expand employment opportunities for youth, the charity increased the number of placements in our agency and with corporate partners, resulting in 477 jobs and job training placements in F2018. As part of COVT’s goal to expand homelessness and sex trafficking prevention, the charity developed a strategy to reconnect youths with their families and/or personal support network that helped 123 youths in F2018.
Covenant House Toronto is a Major 100 charity, receiving $24.4m in donations in F2017. Its administrative costs are 6% of revenues and fundraising costs are 28% of donations. For every $1 donated, 66 cents go to the cause. This is within Ci’s reasonable range for overhead spending. COVT has $18.8m in funding reserves, which can cover program costs for just over one year.
This charity report is an update that has been sent to Covenant House Toronto for review. Changes and edits may be forthcoming.
Updated on June 7, 2019 by Caroline McKenna.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||5.5%||5.6%||5.8%|
|Fundraising costs as % of donations||28.1%||28.5%||33.0%|
|Program cost coverage (%)||103.2%||109.2%||92.2%|
Summary Financial StatementsAll figures in $000s
|Fees for service||2,675||2,917||2,620|
|Cash flow from operations||2,657||3,338||879|