HealthPartners 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.
C
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.
81%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 81 cents are available for programs.
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OVERVIEW
About HealthPartners Canada:
HealthPartners Canada is a 2-star charity. The charity has a C in results reporting and reports little on the results of its funding. HealthPartners Canada has reasonable overhead costs and is financially transparent.
Founded in 1988, HealthPartners Canada (HealthPartners) raises funds from employees in Canadian workplaces and invests them in its member charities. These member charities support the chronic disease programs and services, research, and health promotion activities. The charity also works with companies to promote healthy workplaces, provide employee engagement opportunities, and access to health information. HealthPartners Canada reports that 87% of Canadians will be affected by chronic disease or major illness in their lifetime.
In F2021, HealthPartners spent 80% of program costs on grants to member charities ($5.8m). HealthPartners Canada has 16 member charities, Alzheimer Society of Canada, ALS Canada, the Canadian Cancer Society, Diabetes Canada, Canadian Hemophilia Society, Canadian Liver Foundation, Crohn’s and Colitis Canada, Cystic Fibrosis Canada, Heart & Stroke, Huntington Society of Canada, Muscular Dystrophy Canada, Multiple Sclerosis Society of Canada, Parkinson Canada, the Arthritis Society, the Kidney Foundation of Canada, and the Lung Association.
According to HealthPartners’ F2020 Annual Report, the Canadian Cancer Society was the largest donee, receiving 21% of spending in F2020 grants from HealthPartners. This helped the Cancer Society fund a new covid-19 clinical trial by the Canadian Cancer Trials Group (CCTG). The Heart and Stroke Foundation received 12% of F2020 grant spending. This helped the charity create the HeartSmart kids digital resource, which was downloaded over 20k times. The MS Society of Canada received 6% of grants from HealthPartners in F2020. These grants helped the MS Society answer 4k inquiries through the MS Knowledge Network. Since 1988, HealthPartners has raised $178m to support research, programs, and community support services for its 16 member charities.
In F2021, HealthPartners spent 20% of program costs on running its own charitable activities ($1.5m). HealthPartners released a report on the unforeseen consequences of the pandemic and the impact it has on those affected by chronic disease.
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Results and Impact
Charity Intelligence did not find any reported outcomes on the charity’s website. This may not be a complete representation of HealthPartners Canada’s results.
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Finances
HealthPartners Canada received $9.0m in donations in F2021. Administrative costs are 11% of revenues (excluding investment income), and fundraising costs are 8% of donations. HealthPartners spends 19% on overhead. That means that for every dollar donated, 81 cents go towards the charity’s programs. This is within Ci’s reasonable range for overhead spending.
HealthPartners holds funding reserves of $3.6m, which can cover annual program costs for just under 6 months.
This charity report is an update that has been sent to HealthPartners Canada for review. Changes and edits may be forthcoming.
Updated on June 2, 2022 by Emma Saganowich.
Financial Review
Fiscal year ending July
|
2021 | 2020 | 2019 |
---|---|---|---|
Administrative costs as % of revenues | 11.1% | 5.9% | 10.3% |
Fundraising costs as % of donations | 8.0% | 14.5% | 18.2% |
Total overhead spending | 19.1% | 20.4% | 28.5% |
Program cost coverage (%) | 49.2% | 37.1% | 39.3% |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
---|---|---|---|
Donations | 8,987 | 10,495 | 10,346 |
Investment income | 176 | 37 | 35 |
Total revenues | 9,163 | 10,532 | 10,381 |
Program costs | 1,460 | 1,263 | 422 |
Grants | 5,788 | 7,085 | 7,151 |
Administrative costs | 994 | 621 | 1,067 |
Fundraising costs | 721 | 1,524 | 1,878 |
Total spending | 8,962 | 10,494 | 10,519 |
Cash flow from operations | 201 | 38 | (138) |
Capital spending | 2 | 44 | 0 |
Funding reserves | 3,566 | 3,095 | 2,977 |
Note: Ci included pledge loss expense and pledge loss recovery in donations. Ci included amortization in expenses, increasing total expenses by $22k in F2021 and $17k in F2020. HealthPartners Canada’s spending figures were obtained 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 |
1 |
$80k - $120k |
3 |
$40k - $80k |
5 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
HealthPartners Canada adds that it employed 33 people in 2019 with an average salary of $48,033.
Ci notes that this figure includes compensation data for both full-time and part-time staff, whereas Ci's compensation data only includes the average compensation for full-time staff.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 613.562.1469