Calgary Homeless Foundation

308 – 925 7th Avenue SW
Calgary, AB T2P 1A5
President & CEO: Diana Krecsy
Board Chair: Cameron Bailey

Charitable Reg. #: 88084 6829 RR0001
Sector: Social Services - Homeless
Public Foundation

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

Grade: A+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #42

Avg. Compensation $84,024

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 4
$80k - $120k 5
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Calgary Homeless Foundation:

Calgary Homeless Foundation (CHF) was founded in 1998 to create a unified front to reduce homelessness in Calgary. In 2008, CHF was selected to implement Calgary's 10-Year Plan to End Homelessness by the Calgary Committee 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 work on the issues that contributed to their homelessness.

CHF offers program support via funding to local agencies running prevention and re-housing programs in Calgary. In F2015, 895 housing placements were made by community agencies funded by CHF. CHF provides Own Housing to individuals/families, where the support is based on their needs and the rent they pay is based on their capacity to pay (typically 30% of their gross income). CHF also focuses on developing research & policy around homelessness in Calgary, by improving data and systems knowledge. CHF created The Risks and Assets for Homelessness Prevention Tool (HART) to help determine who is at greatest risk of becoming homeless.

Financial Review:

Administrative costs are 10% of total revenue. Fundraising costs are 15% of donations. CHF's funding reserves cover 50% of annual program costs (this includes $11.9m in externally-restricted funds in F2015). CHF has received significant support from the Province of Alberta, with Provincial funding being over $30m for each of the past three years.

This charity report is an update that is being reviewed by the foundation. Changes and edits may be forthcoming.

Updated on August 13, 2015 by Rohan Bhargava

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 9.5%11.3%11.0%
Fundraising costs as % of donations 15.4%15.9%44.4%
Program cost coverage (%) 50.3%65.3%56.5%

Summary Financial Statements

All figures in $000s
Donations 12,6738,1812,093
Government funding 54,49038,73242,606
Business activities (net) 2,6212,5112,170
Special events 201193324
Investment income 293338240
Total revenues 70,27949,95447,433
Program costs 1,1041,4791,721
Grants 52,21133,55135,120
Administrative costs 6,6375,5875,191
Fundraising costs 1,9801,3281,074
Cash flow from operations 8,3478,0104,328
Funding reserves 26,81822,88920,823

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