Praxis Spinal Cord Institute

6400 - 818 West 10th Avenue
Vancouver, BC V5Z 1M9
Executive Director: Bill Barrable
Board Chair: Dr. Ian Rigby

Charitable Reg. #:81975 5299 RR0001


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

[Charity Rating: 4/5]



Audited financial statements for current and previous years available on the charity’s website.



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



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 65 cents are available for programs.

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About Praxis Spinal Cord Institute:

Founded in 2010, Praxis Spinal Cord Institute (Praxis) aims to use spinal cord injury (SCI) knowledge from research and care to create evidence-based healthcare solutions. In 2019, the Institute changed its name from the Rick Hansen Institute. The charity was formed through the merging of: SCI Solutions Alliance, Rick Hansen SCI Registry, and SCI Translational Research Network. In Canada, there are an estimated 86,000 people living with a spinal cord injury. 4,300 new cases are predicted to occur each year. Praxis hopes to create a world where nobody lives with paralysis after a SCI. Praxis has four main programs: Cure, Care, Consumer and Commercialization.
The Cure program accounted for 44% of program spending in F2021. The program focuses on researching the biological effects of spinal cord injuries and works to develop new treatment methods. In F2020, the charity funded over 130 research projects. Projects, such as the ISNCSCI Algorithm, use clinical exam data to help classify SCIs. The project has 80,000 users in 168 countries.
Praxis’ Care program accounted for 31% of program spending in F2021. The program focuses on creating and implementing best practices and standard care for people with SCIs. In F2020, Praxis trained more than 700 clinicians on how to provide the best care possible. The charity reports 4,500 Canadians benefited from the implementation of best practices in F2020.
The Consumer program represented 19% of spending in F2021. The charity works to involve more patients in research to improve knowledge and awareness about SCIs. The program informs people with SCIs about treatment options so they can make informed health decisions. In F2020 Praxis engaged with more than 20,000 people with SCIs.
Praxis’ Commercialization program represented 6% of spending in F2021. The program invests in the development of new therapies, medical devices and applications for people with SCIs. Praxis featured 22 companies in events in F2020. The charity granted $65k in prize money to companies competing in pitch events and technology competitions in F2020. A further $798k in grants were awarded to organizations in F2020.

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Results and Impact

Praxis-funded researchers published 250 peer reviewed studies in F2020. Two studies published in Nature, a leading scientific journal, were ranked among the most cited papers in their field in 2020.

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Praxis Spinal Cord Institute has donations of $105k in F2021. The charity received $10.4m in government funding, representing 96% of total revenues. Administrative costs are 8% of revenues (less investment income) and fundraising costs are 27% of donations. This results in total overhead spending of 35%. For every dollar donated, 65 cents go to the cause. This is just outside of Ci’s reasonable range for overhead spending. There is fluctuation in both fundraising costs and donations causing large swings in the overhead spending ratio.

Praxis Spinal Cord Institute has $2.4m in funding reserves. The charity could cover 24% or almost 3 months of annual program costs with current reserves.

This charity report is an update that has been sent to Praxis Spinal Cord Institute for review. Changes and edits may be forthcoming. 

Updated on July 29, 2021 by Brenleigh Jebb.  

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 8.2%6.8%4.7%
Fundraising costs as % of donations 26.9%71.8%23.5%
Total overhead spending 35.1%78.6%28.2%
Program cost coverage (%) 24.3%66.3%107.4%

Summary Financial Statements

All figures in $000s
Donations 105370515
Government funding 10,38111,52410,177
Investment income 98176225
Other income 20916353
Total revenues 10,79312,23310,970
Program costs 9,8865,7015,798
Grants 05,6894,577
Administrative costs 873824509
Fundraising costs 28265121
Total spending 10,78712,47911,004
Cash flow from operations 6(247)(34)
Capital spending 18171107
Funding reserves 2,3987,55011,145

Note: Ci adjusted for deferred contributions affecting donations by $25k in F2021, ($11k) in F2020, and ($291k) in F2019. Ci reported grants from the charity’s T3010 filing with the CRA in F2020 and F2019 and backed out the amounts out of donations. The 2021 T3010 was not available at the time of this update. Ci included the Canadian Wage Subsidy in administrative costs, increasing expenses by $57k in F2021.

Salary Information

Full-time staff: 54

Avg. compensation: $74,986

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2020

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Comments & Contact

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Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 604.827.2421


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Charitable Registration Number: 80340 7956 RR0001