Leukemia & Lymphoma Society of Canada
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.
55%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 55 cents are available for programs.
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Programs
About Leukemia & Lymphoma Society of Canada:
Founded in 1955 in Toronto, Leukemia & Lymphoma Society of Canada (LLSC) funds research to find cures for blood cancers and to improve the quality of life of patients and their families. There are 137 types of blood cancers and related disorders. An estimated 138,100 people in Canada are living with, or are in remission from, some form of blood cancer. LLSC achieves its mission by funding research, public education, and patient support. In F2018, 54% of program spending went to research, 27% to public education, and 19% to patient support.
Leukemia & Lymphoma Society of Canada’s research program funds scientists to explore ways to better treat and cure blood cancers. In 2018, LLSC funded 20 new grants and supported a total of 35 grants for researchers. LLSC reported it is currently funding over 41 active research projects. One of its grant programs, known as the "New Idea Award”, focuses on novel ideas with high potential to drastically improve diagnosis or treatment – this program awarded six winners in 2017.
LLSC raises awareness and support for blood cancer research and patient care through its education program. LLSC sponsors free community-based education programs for patients, their families, caregivers and healthcare professionals. In 2018, LLSC held 57 patient education sessions.
LLSC supports patients dealing with blood cancer. In F2018, LLSC reached 2,290 new blood cancer patients, connected with 1,685 patients and 971 new healthcare professionals. The First Connection Program is one of LLSC’s patient support programs. First Connection connects patients at any stage of diagnosis with a volunteer who has experienced the same challenges of living with blood cancer – LLSC reports 166 peer-to-peer matches in F2018. The LLSC also runs Family Support Groups that provide patients and their families with a place to share support, knowledge, and feelings in a friendly environment. There are currently 15 groups stationed across Canada.
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Finances
Leukemia and Lymphoma Society of Canada is a large charity with total donations of $12.6m in F2018. Administrative costs are 14% of revenues (excluding investment income) and fundraising costs are 31% of donations. For every dollar donated, 55 cents go to the cause, which is not within Ci’s reasonable range for overhead spending.
The charity’s funding reserves of $4.9m include $350k in donor-endowed funds. Excluding donor-endowed funds, the charity’s reserves can cover just over a half year of annual program costs and grants.
This charity report is an update that has been sent to Leukemia and Lymphoma Society of Canada for review. Comments and edits may be forthcoming.
Updated on June 14, 2018 by Parker Thomlinson.
Financial Review
Fiscal year ending June
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Administrative costs as % of revenues | 13.7% | 10.1% | 13.6% |
| Fundraising costs as % of donations | 31.4% | 22.7% | 32.4% |
| Total overhead spending | 45.1% | 32.8% | 46.0% |
| Program cost coverage (%) | 53.2% | 62.4% | 113.0% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 12,555 | 17,366 | 12,477 |
| Investment income | 428 | 354 | 56 |
| Other income | 31 | 4 | 20 |
| Total revenues | 13,014 | 17,724 | 12,553 |
| Program costs | 3,938 | 3,527 | 3,655 |
| Grants | 4,664 | 4,129 | 2,340 |
| Administrative costs | 1,726 | 1,746 | 1,699 |
| Fundraising costs | 3,944 | 3,942 | 4,041 |
| Total spending | 14,272 | 13,344 | 11,735 |
| Cash flow from operations | (1,259) | 4,379 | 818 |
| Capital spending | 138 | 30 | 89 |
| Funding reserves | 4,914 | 5,118 | 7,106 |
Note: The audited financial statements report direct research expenses and allocated research expenses. Direct research expenses are reported as grants and allocated research expenses are included in program costs. The audited financial statements include direct event fundraising costs as a reduction in revenue. Ci has made adjustments to include this cost in fundraising expenses. As a result, both revenues and expenses increased by $786k in F2018, $845k in F2017, and $788k in F2016. The audited financial statements report net realized gain on sale of investments as a non-cash item. Ci adjusted to remove this figure from investment income, decreasing revenue by $0 in F2018, $678k in F2017, and $217 in F2016. Ci removed amortization of capital assets on a pro-rata basis from program, administrative and fundraising costs. Ci did not report unspent investment income, which the charity includes in its endowment fund, as part of donor-endowed funds. An adjustment was made to grants reflecting the change to Grants and Fellowship payable year over year. In F2018, this increased spending by $845k, in F2017, by $138k, and in F2016, spending was decreased by $452k.
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 F2018
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Comments & Contact
Comments added by the Charity:
Below are comments added by the charity for a past profile. New comments made by the charity for this updated profile may be forthcoming:
The Leukemia & Lymphoma Society of Canada (LLSC) expanded its mission in 2005 to include patient education, support and programs in addition to the research projects that had been funded since our inception in 1955. This effort, which included the addition of Social Workers and/or Oncology Nurses to support patients to our staff team, has gradually spread out across Canada and continues to grow to this present day. At the same time, it was decided that LLSC should increase its geographical reach outside of Vancouver, Calgary and Toronto so we could offer support coast-to-coast. In the last few years, we have added in stages staffed offices in Montreal, Edmonton, Saskatoon, Ottawa, Quebec City and Halifax (as of January, 2011) to meet this mandate. LLSC has also made a concerted effort to provide all materials and programming in both official languages, which were previously only available in English. These projects involve large expenditures up front, but were deemed crucial to our ability to properly meet our mission across Canada. We are proud LLSC is now truly a national organization that can help Canadians coast-to-coast through their journey with blood cancer and also give them hope for a healthy future by funding top-notch research.
Charity Contact
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