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.
A-
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.
73%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 73 cents are available for programs.
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OVERVIEW
About Our Place:
Our Place is a 4-star rated charity. It has a high results reporting grade, acceptable overhead costs, and is financially transparent.
Founded in 2007, Our Place is a Christian charity that helps people overcome homelessness, addiction, poverty, and mental health challenges. This charity is based in Victoria, BC, and manages emergency shelters, transitional housing units, and a drop-in centre. Our Place reported that there were 1,523 homeless people in March 2020. Of these people, the majority were 25-55 years old, male, and had health challenges.
Our Place has three main programs: Nourishing Change, Compassionate Outreach, and Housing & Shelter. The charity does not disclose how much was spent on each program.
Through its Nourishing Change program, the charity provides meals for its clients. Our Place serves three meals a day out of its main location. It also delivers food to residents in its transitional housing and shelters. In F2022, Our Place served 389,600 meals. It served about 1,000 snacks each day.
The charity’s Compassionate Outreach program provides clothing, toiletries, counselling, employment services, health care, and additional resources to those in need. In F2022, Our Place performed 4,635 medical assessments. It conducted 196 overdose reversals and 82 detox referrals for those fighting addictions. It also provided space for 12,377 hot showers. This program includes a Message and Mail Centre which allowed over 400 people to receive mail and phone messages during F2022.
Our Place’s Housing and Shelter program provides emergency shelter and long-term housing to people experiencing homelessness. The charity has seven housing units, including a Tiny Home Village added in May 2021. These units vary from a night shelter with 15 bunkbeds to a permanent supported housing site with space for 52 residents.
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Results and Impact
In F2022, Our Place served 389,600 meals to people in need. With housing, Our Place reports that in F2022, it housed over 500 people.
The charity runs employment training programs through its outreach services. In F2022, the People in Progress program was upgraded into the Our WorkPlace program. Out of those that had previously completed the People in Progress program, 50% were employed in F2022. Additionally, 29% of people enrolled in the Our WorkPlace program were employed.
While Ci highlights these key results, they may not be a complete representation of Our Place’s results and impact. This charity is not yet rated on impact (n/r).
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Finances
Ci consolidated Our Place Society and Our Place Foundation in the following financial analysis.
Our Place received $4.3m in donations F2023. The charity received $13.8m in government funding in F2021 (representing 71% of total revenue). Administrative costs are 6% of revenues (excluding investment income), and fundraising costs are 21% of donations. This means that Our Place spent 27% on overhead in F2022. For every dollar donated to the charity, 73 cents go to the cause. This falls within Ci’s reasonable range for overhead spending.
Our Place has funding reserves of $11.9m which can cover just over eight months of annual program costs.
Charity Intelligence has sent an update of this report to Our Place for review. Changes and edits may be forthcoming.
Updated on June 26, 2023 by Clive Stevens.
Financial Review
Fiscal year ending March
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 6.1% | 5.8% | 7.9% |
| Fundraising costs as % of donations | 21.1% | 18.5% | 22.6% |
| Total overhead spending | 27.1% | 24.3% | 30.4% |
| Program cost coverage (%) | 68.7% | 90.0% | 87.3% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 4,331 | 5,033 | 3,798 |
| Government funding | 13,765 | 9,301 | 5,975 |
| Fees for service | 1,292 | 670 | 480 |
| Investment income | 71 | 160 | 69 |
| Total revenues | 19,460 | 15,164 | 10,321 |
| Program costs | 17,264 | 12,020 | 9,855 |
| Administrative costs | 1,179 | 872 | 806 |
| Fundraising costs | 912 | 931 | 856 |
| Total spending | 19,354 | 13,823 | 11,518 |
| Cash flow from operations | 106 | 1,341 | (1,197) |
| Capital spending | 1,079 | 132 | 909 |
| Funding reserves | 11,894 | 10,851 | 8,637 |
Note: Transfers between Our Place and Our Place Foundation were excluded from revenue and expenses. Ci adjusted for amortization of deferred capital contributions affecting revenue by ($548k) in F2022, ($568k) in F2021, and ($559k) in F2020. To report on a cash basis, Ci adjusted donations by changes in deferred revenue from non-government sources. This affected revenues by ($1.3m) in F2022, ($173k) in F2021, and ($415k) in F2020. Ci also adjusted donations by changes in deferred revenue from government sources. This affected revenues by $740k in F2022, $673k in F2021, and ($127k) in F2020. Ci took program, administrative, and fundraising costs from the charity’s T3010 filing with the CRA.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
0 |
$80k - $120k |
9 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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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: (250) 388-7112