Ovarian Cancer Canada

205-145 Front St. East
Toronto, ON M5A 1E3
CEO: Tania Vrionis
Board Chair: Erin Barrett

Charitable Reg. #:87297 4845 RR0001

STAR RATING

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

[Charity Rating: 4/5]

✔+

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.

70%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 70 cents are available for programs.



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OVERVIEW

About Ovarian Cancer Canada:

Ovarian Cancer Canada is a 4-star rated charity with an average results reporting grade. The charity is financially transparent and has reasonable overhead costs.

Founded in 1998, Ovarian Cancer Canada (OCC) raises funds and awareness for ovarian cancer research and supports individuals living with the disease. The charity reports that each year, 3,100 Canadians will be diagnosed with the disease. Additionally, OCC reports that ovarian cancer is the fifth most commonly diagnosed cancer for women. The charity operates three main programs: Research, Awareness and Education, and Prevention.

Research accounted for 72% of program spending in F2022. In F2021, the charity launched four new clinical trials exploring PARP inhibitors, a new family of drugs being used to treat ovarian cancer. Between March 2019 and March 2021, OCC funded 23 cancer research projects. The charity also operates a Tissue Banking Network in Montreal, Ottawa, Edmonton, and Vancouver. In F2021, 1,140 women with ovarian cancer agreed to contribute to the Tissue Banking Network.

Awareness and Education made up 21% of program spending in F2022. The charity funded two major studies in F2021 to improve care: The Every Woman Study: Canadian Edition and The State of the National Clinical Audit. Both studies aim to increase equity and identify gaps in the healthcare system.

Prevention accounted for the remaining 7% of program spending in F2022. In F2021, OCC surveyed genetics counsellors, gynecologic surgeons, and women who have received genetic counselling and surgery. The charity held one-on-one interviews with 19 women from 7 provinces.

Ovarian Cancer Canada has not yet posted its 2022 annual report at the time of this update. These results refer to information published in 2021.

 

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Results and Impact

The Ovarian Cancer Canada (OCC) Tissue Banking Network is a virtual network of tissue banks located in Vancouver, Ottawa and Montreal. Montreal is a hub for four cities in the province of Quebec. According to a report from 2017, 29 publications in internationally recognized scientific journals reported the results from studies using tissue bank samples. Research topics include PARP inhibitors, fallopian tube imaging, and others.

While Ci highlights these key results, it may not be a complete representation of Ovarian Cancer Canada's results and impact.

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Finances

Ovarian Cancer Canada received $3.5m in donations and special events revenue in F2022. Administrative costs are 9% of revenues (less investment income), and fundraising costs are 21% of donations and special events revenue. This means Ovarian Cancer Canada spent 30% on overhead in F2022. For every dollar donated to the charity, 70 cents go to the cause. This falls within Ci’s reasonable range for overhead spending.

OCC has funding reserves of $4.4m which can cover just under 11 months of annual program costs.

This charity report is an update that has been sent to Ovarian Cancer Canada for review. Changes and edits may be forthcoming.

Updated August 12, 2022 by Ann Lei.

Financial Review


Financial Ratios

Fiscal year ending March
202220212020
Administrative costs as % of revenues 8.9%3.6%7.8%
Fundraising costs as % of donations 21.2%29.2%30.1%
Total overhead spending 30.1%32.8%37.9%
Program cost coverage (%) 89.3%107.8%97.0%

Summary Financial Statements

All figures in $000s
202220212020
Donations 1,6471,120852
Government funding 3,2992,632940
Special events 1,8021,6703,045
Investment income 3419
Other income 179015
Total revenues 6,9305,4274,871
Program costs 4,9144,0802,961
Administrative costs 617197377
Fundraising costs 7318141,173
Total spending 6,2625,0914,511
Cash flow from operations 669335360
Capital spending 2600
Funding reserves 4,3894,3972,873

Note: Ci removed covid-19 wage and rent subsidies from other revenue and reported it as government funding. The F2022 T3010 data was not available at the time of this update.

Salary Information

Full-time staff: 24

Avg. compensation: $86,586

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
1
$120k - $160k
1
$80k - $120k
6
$40k - $80k
1
< $40k
0

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

Charity Contact

Website: www.ovariancanada.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 1-877-413-7970

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