Calgary Homeless Foundation
Calgary, AB T2P 1A5
President & CEO: Diana Krecsy
Board Chair: Cameron Bailey
Charitable Reg. #: 88084 6829 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
Impact Rating: Good
Full-time staff #57
Avg. Compensation $66,047
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||4|
|$80k - $120k||5|
|$40k - $80k||0|
About Calgary Homeless Foundation:
Founded in 1998, Calgary Homeless Foundation (CHF) creates a unified front to reduce homelessness in Calgary. In 2008, the Calgary Committee to End Homelessness selected CHF to implement Calgary's 10-Year Plan to End Homelessness. CHF works in partnership with homeless-serving agencies, the private sector, the government and various community partners in Calgary. The plan focuses on the Housing First method, which quickly moves people experiencing homelessness into appropriate housing where they can work on the issues that contributed to homelessness. Since 2008, CHF reports homelessness has decreased by 11% in Calgary despite a population growth of 217,000 between 2009 and 2013.
CHF supports programs through grants to local agencies running prevention and re-housing programs in Calgary. In 2016, CHF funded 24 agencies and 35 programs that completed 1,309 needs assessments. Programs funded by the foundation provided 2,043 housing spaces of which 324 spaces were given to families, 151 spaces to youth, and 1,568 to singles.
By creating the Homeless Management Information System (HMIS), CHF employs data to track metrics and gain insights on the status of homelessness in Calgary. When a person is admitted into a shelter or home in any participating organization in Calgary, data regarding their age, health status, employment status and housing status is inputted into the system. Information is continuously updated and follow-up assessments are done every three months. In some programs, exit and post-exit assessments are completed. CHF staff use this data to allocate funds where they are most needed. The data is also shared with external researchers as part of CHF’s data sharing initiative.
Calgary Homeless Foundation is a Major-100 charity with donations of $23.1m in F2016. In addition to this, CHF received $45m in funding from the Alberta and federal government. Administrative costs are 6% of total revenue, while fundraising costs are 5% of donations. As such, for every $1 donated, 89 cents go towards the cause. This falls within Charity Intelligence’s reasonable range of overhead spending. With funding reserves of $29.6m, CHF can cover 58% of annual program costs (this is inclusive of $4m in donor-endowed funds in F2016).
This report is an update that is currently being reviewed by Calgary Homeless Foundation. Changes and edits may be forthcoming.
Updated May 26, 2017 by Juliana Badovinac
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||6.4%||8.1%||10.8%|
|Fundraising costs as % of donations||5.0%||8.7%||8.4%|
|Program cost coverage (%)||58.2%||49.2%||63.8%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||124||181||0|
|Fees for service||74||74||0|
|Business activities (net)||2,692||2,621||2,511|
|Cash flow from operations||14,659||8,421||8,010|