Shelter Movers
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.
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 Shelter Movers:
Shelter Movers is a 4-star rated charity. It has an above-average results reporting score, acceptable overhead spending, and is financially transparent.
Founded in 2016, Shelter Movers helps women and children escape abuse by providing free moving and storage services. The charity works across Canada with six main locations. Shelter Movers performs resettlements, escorted moves, and urgent exits. This allows the charity to appropriately help women facing different levels of violence. To receive help from this charity, people must be referred by professionals such as shelter staff, social workers, or police officers.
Shelter Movers states that the need for its work has grown in recent years due to isolation from the pandemic and rising housing costs that make it more difficult for women to escape abuse. Many shelters are currently at capacity. A point-in-time study found that in April 2021, 70% of women were turned away from shelters due to a lack of space.
Shelter Movers works to create a world where people can escape abuse with dignity and power. In F2022, the charity performed 1,468 moves. In total, it spent 29,360 hours helping people move. Shelter Movers worked with 193 different referring agencies to find clients in F2022.
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Results and Impact
In F2022, Shelter Movers helped 1,549 children move out of unsafe environments. The charity reports that the families it served had an average of two children under the age of nine.
While Ci highlights these key results, they may not be a complete representation of Shelter Movers’ results and impact. This charity is not yet rated on impact (n/r).
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Finances
Shelter Movers received $1.3m in donations and special events revenue in F2022. It also received $899k in government funding during the year, representing 40% of total revenues. Administrative costs are 16% of revenues (less investment income) and fundraising costs are 1% of donations and special events revenue. This results in total overhead spending of 17%. For every dollar donated, 83 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
Shelter Movers has $983k in reserve funding. The charity can cover 54% or around six months of annual program costs with its existing reserves.
Charity Intelligence has sent this update to Shelter Movers for review. Changes and edits may be forthcoming.
Updated on July 7, 2023 by Clive Stevens.
Financial Review
Fiscal year ending March
|
2022 | 2021 | 2020 |
---|---|---|---|
Administrative costs as % of revenues | 16.0% | 17.5% | 26.5% |
Fundraising costs as % of donations | 1.2% | 1.5% | 20.7% |
Total overhead spending | 17.2% | 19.0% | 47.2% |
Program cost coverage (%) | 53.7% | 88.0% | 68.0% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
---|---|---|---|
Donations | 1,069,849 | 889,430 | 479,975 |
Government funding | 898,851 | 927,093 | 267,767 |
Special events | 280,137 | 9,898 | 202,199 |
Investment income | 581 | 0 | 0 |
Total revenues | 2,249,418 | 1,826,421 | 949,941 |
Program costs | 1,828,727 | 991,652 | 471,433 |
Administrative costs | 360,298 | 319,449 | 252,084 |
Fundraising costs | 15,459 | 13,365 | 141,182 |
Total spending | 2,204,484 | 1,324,466 | 864,699 |
Cash flow from operations | 44,934 | 501,955 | 85,242 |
Capital spending | 0 | 624 | 0 |
Funding reserves | 982,743 | 872,648 | 320,747 |
Note: The charity does not report administrative and fundraising costs on its audited financials, so Ci has used its CRA T3010 filing to report these costs. In the F2022 audited financial statements, the revenue and expenses were restated for F2021 to include government assistance received during the year. Ci has restated these values accordingly.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
2 |
$40k - $80k |
8 |
< $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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