Casey House
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.
60%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 60 cents are available for programs.
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OVERVIEW
About Casey House:
Casey House is a 4-star charity with an above-average results reporting grade. It is financially transparent and its overhead costs are within Ci's reasonable range for overhead spending.
Founded in 1988, Casey House (CH) is the only stand-alone hospital for people with HIV/AIDS in Toronto. Casey House focuses on caring for people with, or at risk for, HIV through integrated health care and reducing HIV stigma. CH programs include three streams of health services: Inpatient Care, Outpatient Care (or a Day Health program), and Community Connections. It also runs research, education, and advocacy programs. The charity does not provide a breakdown of its spending on its programs.
Casey House’s Inpatient Care unit features 14 private rooms and a team of healthcare professionals. In F2022, the charity reported 132 inpatient admissions.
Outpatient Care supports clients Monday to Friday through one-on-one care and group sessions led by an interdisciplinary clinical team. It connects patients with resources intended to improve their quality of life. In F2022, the charity helped 632 clients who visited 17,416 times.
Community Connections includes Casey House’s partnership with Toronto Public Health to provide safer drug use supplies. In F2022, the charity distributed 100,022 safer drug use supplies, with an average of 8,335 a month. CH distributed 40,451 injection kits, 15,917 inhalation kits, and 37,900 crystal meth pipe kits in F2022.
The data used above reflects Casey House’s most recent 2022 Impact Report, while the financial analysis below reflects F2023 financial information.
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Results and Impact
Casey House was involved in the publication of a third-party evaluation, Health care utilization in medically complex people living with HIV before and after admission to an HIV-specific community facility: a pre–post comparison study. The study reviewed pre-post outcomes of 268 people living with HIV who were admitted to Casey House between 2009 and 2015. The study found that emergency department use declined from 4.6 to 2.5 visits per person-year after discharge from CH, and hospitalization rates declined from 1.4 to 1.1 admissions per person-year.
The charity also reported that 24 overdoses were reversed in F2022.
While Ci highlights these key results, they may not be a complete representation of Casey House’s results and impact. This charity is not yet rated on impact (n/r).
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Finances
Charity Intelligence has consolidated the audited financial statements from Casey House and Casey House Foundation.
All donations from the public are received by Casey House Foundation. The Foundation had donations and special events revenue of $4.3m in F2023. Casey House received $11.1m in government funding, representing 68% of total revenues.
Administrative costs are 13% of revenues (less investment income) and fundraising costs are 28% of donations. This results in total overhead spending of 40%. For every $1 donated, 60 cents go to the cause. This is outside Ci’s reasonable range for overhead spending.
Casey House and its Foundation have reserve funds of $14.3m, of which $6.1m is donor-endowed. Excluding donor-endowed funds, CH could cover ten months of annual program costs with current reserve funds.
This charity report is an update that has been sent to Casey House for review. Changes and edits may be forthcoming.
Updated on July 31, 2023 by Kiara Andrade.
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 12.6% | 12.1% | 10.6% |
| Fundraising costs as % of donations | 27.9% | 24.0% | 15.8% |
| Total overhead spending | 40.5% | 36.1% | 26.4% |
| Program cost coverage (%) | 84.1% | 92.9% | 98.1% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 3,958 | 3,386 | 4,199 |
| Goods in kind | 437 | 326 | 51 |
| Government funding | 11,115 | 8,925 | 9,385 |
| Special events | 309 | 196 | 29 |
| Investment income | 317 | 235 | 1,008 |
| Other income | 152 | 223 | 257 |
| Total revenues | 16,288 | 13,292 | 14,929 |
| Program costs | 10,082 | 9,443 | 9,299 |
| Grants | 0 | 31 | 167 |
| Donated goods exp | 437 | 320 | 51 |
| Administrative costs | 2,017 | 1,581 | 1,482 |
| Fundraising costs | 1,189 | 859 | 667 |
| Other costs | 15 | 15 | 7 |
| Total spending | 13,740 | 12,250 | 11,672 |
| Cash flow from operations | 2,548 | 1,042 | 3,257 |
| Capital spending | 149 | 336 | 198 |
| Funding reserves | 14,289 | 14,901 | 15,505 |
Note: Charity Intelligence consolidated Casey House and Casey House Foundation. Transfers from the foundation to the charity were not included, affecting revenues by ($999k) in F2023, ($502k) in F2022, and ($967k) in F2021. Ci has adjusted for amortization of deferred revenues, affecting revenues by ($103k) in F2023, $90k in F2022, and $45k in F2021. Ci also adjusted for unrealized losses (gains) on investments, affecting revenues by ($402k) in F2023, ($434k) in F2022, and $563k in F2021. Grants to third parties were included in expenses, affecting expenses by nil in F2023, $31k in F2022, and $167k in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
4 |
$80k - $120k |
5 |
$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
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