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.
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.
83%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 83 cents are available for programs.
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OVERVIEW
About HealthPartners Canada:
HealthPartners Canada is a 4-star rated charity that is financially transparent. It has a B Results Reporting grade, which is average. For every dollar donated to the charity, 83 cents are available to go to the cause, which is within Ci's reasonable range.
Founded in 1988, HealthPartners Canada (HealthPartners) raises funds from employees in Canadian workplaces and invests them in its member charities. These member charities support chronic disease programs, research, and health promotion activities. The charity also works with companies to promote healthy workplaces, and increase employee engagement 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 F2023, HealthPartners added the Mental Health Commission of Canada to its member charities. HealthPartners added its newest member due to the growing importance of mental health in Canada's healthcare system. The last time HealthPartners added a new member was 34 years ago.
HealthPartners now has 17 member charities: ALS Canada, Alzheimer Society Canada, Arthritis Society Canada, Canadian Cancer Society, Crohn’s and Colitis Canada, Cystic Fibrosis Canada, Diabetes Canada, Heart & Stroke, Canadian Hemophilia Society, Huntington Society of Canada, Kidney Foundation, Canadian Liver Foundation, Breathe the Lung Association, Multiple Sclerosis Canada, Muscular Dystrophy Canada, Parkinson Canada, and Mental Health Commission of Canada.
In F2023, HealthPartners Canada spent $5.0m (69% of program spending) on grants to member charities. HealthPartners grants focus on research, education, and advocacy. In F2023, the Canadian Cancer Society led 29 policy initiatives. The Arthritis Society influenced 34 public policy decisions to help surgical wait times and access to clinical trials. The Kidney Foundation provided 22,353 people with educational materials through its patient handbook.
In F2023, HealthPartners Canada spent $2.3m (31% of program spending) on programs and services. HealthPartners Canada helps its member charities meet the needs of the communities they serve. In F2023, ALS Canada launched the ALS Learning Institute to help people better understand ALS. Diabetes Canada reintroduced its D-Camps that connect youth with Type 1 diabetes to their peers. The Huntington Society of Canada provided 8,144 people with direct support services such as home healthcare.
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Results and Impact
HealthPartners Canada referenced external studies on workplace giving to report its results.
HealthPartners Canada states that over 40% of Canadian employees are considering a job change and workplace culture is the most cited reason (Deloitte, 2021). The charity also reported that workplace giving campaigns can create 33% more profitability, 44% higher retention rates, 50% more productivity, and 56% more customer loyalty (Gallup 2022).
While Ci highlights these key results, they may not be a complete representation of HealthPartners Canada's results and impact.
This charity is not yet rated on impact (n/r).
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Finances
HealthPartners Canada received $9.7m in donations in F2023. The charity spent $7.3m on its programs and grants (75% of revenue). The charity recorded a surplus of $784k (8% of revenue). Administrative costs are 11% of revenue (excluding investment income), and fundraising costs are 6% of donations. For every dollar donated to the charity, 83 cents are available to go to the cause, which is within Ci’s reasonable range.
HealthPartners has $3.6m in reserve funds (cash and investments). Its reserves can cover 49%, or six months of its annual program costs.
This charity report is an update that has been sent to HealthPartners Canada for review. Changes and edits may be forthcoming.
Updated on June 5, 2024 by Liam Chapleau.
Financial Review
Fiscal year ending July
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 10.6% | 8.7% | 11.2% |
| Fundraising costs as % of donations | 6.4% | 5.6% | 8.1% |
| Total overhead spending | 17.0% | 14.3% | 19.2% |
| Program cost coverage (%) | 49.1% | 34.2% | 49.2% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 9,688 | 9,936 | 8,796 |
| Government funding | 18 | 0 | 0 |
| Investment income | 27 | 74 | 176 |
| Total revenues | 9,733 | 10,010 | 8,973 |
| Program costs | 2,267 | 2,240 | 1,460 |
| Grants | 5,031 | 6,021 | 5,788 |
| Administrative costs | 1,027 | 864 | 981 |
| Fundraising costs | 624 | 560 | 711 |
| Total spending | 8,948 | 9,686 | 8,940 |
| Cash flow from operations | 784 | 324 | 33 |
| Capital spending | 3 | 3 | 2 |
| Funding reserves | 3,586 | 2,830 | 3,566 |
Note: 1:USE OF T3010: Ci used the charity’s filing with the T3010 to report administrative costs, fundraising costs, and government funding. 2.AMORTIZATION: Ci removed amortization from fundraising and administrative costs on a pro-rata basis. 3:DEFERRED DONATIONS: Ci adjusted deferred donations, affecting revenue by ($165k) in F2023, $460k in F2022, and ($191k) in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
2 |
$80k - $120k |
4 |
$40k - $80k |
3 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Comments added by the charity February 21, 2024
Canadian Revenue Agency (GCWCC Champion and Donor):
“You helped bring some awareness to your cause and helped us raise over $12,075 in just 2 hours! Please pass on my sincere gratitude to the speakers you connected us with. You were all fantastic!”
Environment and Climate Change Canada (GCWCC Champion and Donor):
“Thank you for spending your lunch hour with us today and sharing your experiences. I received a clearer understanding of the value of charitable donations to HealthPartners’ organizations. My heart was also touched by the hope that those affected by these diseases and their families receive as medical advances improve life quality and expectancies. I will continue to give but will do so now with greater understanding and compassion.”
From the perspective of an employer who supports HealthPartners in their workplace:
Robert Henderson, President and CEO of Biotalent Canada:
“With more than 90 percent of Canadians personally affected by the causes HealthPartners supports, how many people can really say that they haven’t been at least indirectly touched by those causes themselves? And that sense of benefit exists throughout the year, not just during campaign time. We ask employees about whether they feel affinity to our charitable cause in our annual employee engagement survey and they resoundingly tell us they do.”
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 613.562.1469