Red Deer Hospice is a two-star charity with a low results reporting grade and reasonable overhead spending. The charity has low funding reserves that can cover less than a year of program costs. Red Deer Hospice is not financially transparent.

Founded in 2000, Red Deer Hospice (RDH) is a charity that provides medical care to terminally-ill people. RDH’s mission is to provide people near the end of their lives with a peaceful and compassionate environment. The hospice reports that its residents have an average age of 73 and that 75% of residents have a cancer diagnosis. The charity’s main programs are Hospice Care and Bereavement Support. In F2021, it spent $3.1m on its programs, representing a 94% increase from F2020. 

Red Deer Hospice provides professional nursing care to patients 24 hours a day. The hospice has 16 individual rooms, each with a hospital bed and a living room that has a pull-out couch, chairs, and a television. The common areas of the hospice include a kitchen, family sitting areas, and multi-purpose rooms for day programs and educational activities. In F2021, RDH had an average occupancy rate of 73.4%. The hospice also reports providing 80,000 gloves, 40,000 masks, 14,000 gowns and 1,775 face shields to people to prevent the spread of covid-19. 

RDH offers in-house bereavement support for residents and their loved ones. The bereavement support team does one-on-one sessions to help people who have lost a loved one. The team provides up to four sessions before referring people to support groups or professional grief counsellors.  RDH also offers an eight-week series that discusses strategies on how to deal with grief. Meetings are two hours long and held once per week.

In F2021, Red Deer Hospice received $1.0m in donations. The charity received $2.7m in government funding (69% of total revenue) and $113k in donated goods (3% of total revenue). Administrative costs are 4% of total revenue excluding investment income. Fundraising costs are 6% of donations. This results in total overhead spending of 9%. For every dollar donated to the charity, 91 cents go to the cause. This is within Ci’s reasonable range for overhead spending. 

Red Deer Hospice has $457k in net funding reserves ($1.2m in liquid assets less $697k in interest-bearing debts). The charity’s liquid assets also include $33k in donor-endowed funds. RDH’s net funding reserves, excluding donor-endowed funds, can cover annual program costs for around two months.

This charity report is an update that has been sent to Red Deer Hospice for review. Changes and edits may be forthcoming.

Updated on July 28th, 2022 by Arjun Kapur.