Multiple Sclerosis Society of Canada
Toronto, ON M5T 2Z5
President & CEO: Sylvia Leonard
Board Chair: Valerie Hussey
Charitable Reg. #: 10774 6174 RR0001
Grade: A-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #311
Avg. Compensation $55,953
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||4|
|$160k - $200k||4|
|$120k - $160k||1|
|$80k - $120k||0|
|$40k - $80k||0|
About Multiple Sclerosis Society of Canada:
Founded in 1948, Multiple Sclerosis Society of Canada (MS Society of Canada) aims to “be a leader in finding a cure for multiple sclerosis and enable people affected by MS to enhance their quality of life.” MS Society of Canada reports that Canada has the highest incidence of MS in the world, estimating that 100,000 Canadians suffer from the disease. MS can affect vision, hearing, memory, balance and mobility. To date, there is no known cure.
MS Society of Canada has programs in four functional areas: research, support, community, and access. In 2016, the society granted $7.8m in grants for research, down 22% from 2014. Of the charity's research grants, 39% were directed to progression and therapies, 26% went to nerve damage and repair, 21% went to cause and risk factors, and 14% were directed to symptom management and quality of life in 2015.
Support programs include information and referrals, counseling, self-help groups, recreational programs, and financial assistance. MS Knowledge Network is a call-centre that receives an average of 314 contacts per month. It takes, on average, 1 day to handle and resolve issues through this program. A full list of support services and community programs are available on the charity’s website and can be filtered by location.
Access programs refer to government relations and advocacy services. Multiple Sclerosis Society of Canada ran 2 surveys and 8 focus groups, receiving over 6,000 responses from Canadians affected by MS. Through these surveys and focus groups, MS Society of Canada identified barriers to a good quality of life for Canadians with MS and gaps in the healthcare system.
Moving forward, MS Society of Canada’s vision for 2018 aims to invest in research focusing on therapeutics for progressive MS, increase access to programs and services, and advocate for more responsive and flexible employment supports to improve workforce participation rates among people affected by MS.
Multiple Sclerosis Society of Canada is a Major 100 charity, with donations and special events revenues of $49.2m in 2016. A large portion of its revenues are generated through community-based fundraising events, dinners, tournaments and third-party events. Its special events fundraising was 51% of revenues, at $27.0m in 2016. The charity’s administrative costs were 10% of revenues and its fundraising costs were 42% of donations. As such, for every $1 donated, 48 cents go to the cause. This is outside of Charity Intelligence’s reasonable range for overhead spending. Research grants account for only 15% of total program spending.
The charity’s funding reserves of $17.5m include $615k in donor-endowed funds. This results in a program cost coverage ratio, excluding donor-endowed funds, of 68%. This means that it can fund 8 months of its annual programs using its existing reserves.
This charity report is an update that is currently being reviewed by Multiple Sclerosis Society of Canada. Changes and edits may be forthcoming.
Updated on June 21, 2017 by Juliana Badovinac.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||9.8%||7.6%||6.4%|
|Fundraising costs as % of donations||42.3%||42.7%||42.3%|
|Program cost coverage (%)||70.3%||63.9%||68.9%|
Summary Financial StatementsAll figures in $000s
|Fees for service||52||34||57|
|Business activities (net)||75||122||116|
|Cash flow from operations||1,771||1,186||747|