Acclaim Health

2370 Speers Road
Oakville, ON L6L 5M2
CEO: Michelle Williams
Board Chair: Cindy Lee Heinz

Charitable Reg. #:11928 4602 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 3/5]

✔+

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.

62%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 62 cents are available for programs.



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OVERVIEW

About Acclaim Health:

Acclaim Health is a 3-star charity. It has a B- results reporting score, which is below average. Its overhead spending is outside Ci’s reasonable range and it has enough reserve funds to cover its annual program costs for around three months.

Founded in 1973, Acclaim Health provides home and community care to adults with dementia or related diseases. It operates in Oakville and Burlington. Acclaim Health states that the pandemic has increased demand for its services. The charity has two main programs: Home Care and Community Programs. Acclaim Health reports that it helped over 20,000 people improve their quality of life last year.

In the fiscal year ending March 2024 (F2024), Acclaim Health spent $26.0m (76% of program spending) on Home Care. Personal support workers (PSWs) made 384,273 home visits in F2024, up 11% from the previous year. Nurses provided 138,776 patient visits in F2024, up 3% from the previous year. In F2024, Acclaim Health provided 3,215 family consultations, support group sessions, workshops, and events. Acclaim Health reported that it helped 740 people in F2024 through dementia-related caregiver support, up 23% from last year.  Acclaim Health also reported that its Private Care program saw a 14% increase in volume in F2024. Private Care is a social enterprise program. Surplus fees from private care are re-invested in Acclaim Health’s community programs.

Acclaim Health spent $8.3m (24% of program spending) on Community Programs in F2024. Community programs help adults build and maintain social connections. F2024  marked the 2 year anniversary of Patty’s Place, a Dementia care centre in Oakville. Acclaim Health reports that since its opening, club members have eaten 47,582 cookies, performed 950,640 leg lifts in exercise classes, and created 733 works of art. In F2024, Acclaim Health launched its Technology Accessibility pilot to combat social isolation. This program helps older adults learn to access the internet, send messages, and play online games. Participants are assigned a volunteer to help them learn. Acclaim Health offers Adult Day Programs online and in person. These programs engage participants in sing-alongs, exercise, and games. Acclaim Health also runs a friendly visiting program. Volunteers meet with older adults for conversation and company.

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Results and Impact

Charity Intelligence could not find any quantified outcomes on Acclaim Health’s website. This may not be a complete representation of Acclaim Health’s results and impact.

This charity is not yet rated on impact (n/r).

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Finances

While the financial statements for F2024 are available on the charity's website, at the time of this update the charity's T3010 filing with the CRA for F2024 is not available. Ci needs the T3010 filing to determine administrative and fundraising costs. The following update is for F2023. 

In F2023, Acclaim Health received $1.1m in donations. Acclaim Health also received $5.7m in government funding (16% of total revenue) in F2023. Acclaim Health received $27.2m (46% of total revenue) from fees for service in F2023. On the charity's T3010 filing, fees for service are reported as government funding. Administrative costs are 9% of total revenue (excluding investment income) and fundraising costs are 28% of donations. Overhead spending is 38% which is outside Ci’s reasonable range. For every dollar donated, 62 cents are available for the cause. In F2023, Acclaim Health spent $29.7m on its programs (83% of total revenue).

In F2023, Acclaim Health had a surplus of $2.4m and spent $82k on capital expenditures.

At the end of F2023, Acclaim Health has $6.9m in reserve funds. This is enough to cover 23% or around three months of its annual program costs.

This charity profile is an update that has been sent to Acclaim Health for review. Changes and edits may be forthcoming.

Updated on July 18th, 2024 by Thea Clark.

 

Financial Review


Financial Ratios

Fiscal year ending March
202320222021
Administrative costs as % of revenues 9.3%8.1%7.5%
Fundraising costs as % of donations 28.3%13.9%32.6%
Total overhead spending 37.6%22.0%40.1%
Program cost coverage (%) 23.1%13.2%23.5%

Summary Financial Statements

All figures in $000s
202320222021
Donations 1,1091,932865
Government funding 5,6817,2017,213
Fees for service 27,21626,71825,363
Investment income 9323114
Other income 1,6741,5723,058
Total revenues 35,77337,44636,613
Program costs 29,72830,92730,145
Administrative costs 3,3153,0292,733
Fundraising costs 314268282
Total spending 33,35734,22533,160
Cash flow from operations 2,4163,2213,453
Capital spending 824,5823,800
Funding reserves 6,8544,0967,072

Note: ADMINISTRATIVE AND FUNDRAISING COSTS: Ci used the charity’s T3010 filing with the CRA to determine administrative and fundraising costs and removed these amounts from program costs in F2023, F2022, and F2021. AMORTIZED DEFERRED CAPITAL CONTRIBUTIONS: Ci removed amortized deferred capital contributions from revenue, affecting total revenue by ($272k) in F2023, ($129k) in F2022, and $nil in F2021. ADJUSTMENT FOR DEFERRED CAPITAL CONTRIBUTIONS: Ci adjusted for deferred capital contributions in other revenue. This affected total revenue by $67k in F2023, $870k in F2022, and $2.8m in F2021. DEFERRED INCOME: Ci included deferred income in other revenue, affecting total revenue by $1.3m in F2023, $609k in F2022, and $140k in F2021.  AMORTIZATION: Ci removed amortization from program, administrative, and fundraising costs on a pro-rata basis in F2023, F2022, and F2021.

Salary Information

Full-time staff: 218

Avg. compensation: $71,921

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
2
$120k - $160k
4
$80k - $120k
4
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2023

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.acclaimhealth.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 905-827-8800

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Charitable Registration Number: 80340 7956 RR0001