Siloam Mission

300 Princess Street
Winnipeg, MB R3B 1M3
CEO: Jim Bell
Board Chair: Dr. Riley Coulter

Website: www.siloam.ca
Charitable Reg. #: 11915 0043 RR0001
Sector: Social Services - Homeless
Operating Charity

Donor Accountability

Grade: B-

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

Financial Transparency

Most recent audited financial statements available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #104

Avg. Compensation $42,564

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 1
$80k - $120k 3
$40k - $80k 5
< $40k 0
Information from most recent CRA Charities Directorate filings for F2017

About Siloam Mission:

Founded in 1987, Siloam Mission serves the immediate needs of homeless people in Winnipeg and helps them escape homelessness in the long term. Siloam Mission supplies food and clothing, short-term and transitional housing, employment courses, healthcare, and spiritual care.  

In F2017, Siloam Mission’s 110 emergency beds were filled every night. The 309 men and 122 women who used the service stayed for between 10 days and 3 months. Siloam serves meals 3 times a day, with over 515,000 meals served last year. The 132 volunteers in Siloam’s health services addressed 3,600 physical and mental health concerns. Siloam houses 85 people with mental illness or disabilities in Madison Supportive Housing. The average length of stay at Madison House was about 7 months.

Siloam Mission is in the middle of a capital campaign. The first part of the campaign is complete, with the newly-expanded dining room accommodating over 400 people. There is also room for 100 people to line up inside instead of standing outside to wait for food. The second part of the campaign will add 50 emergency shelter beds including a private shelter for 33 women. There will be 50,000 sq. ft. of additional space to provide programming.

Results and Impact: By providing health services, Siloam Mission reduces the number of people going to an emergency room. Every emergency visit that is avoided saves the government $618. In F2017, Siloam was able to transition 111 people into permanent housing.

Financial Review:

Siloam Mission is large, with donations of $7.7m in F2017. Its administrative costs are 10% of revenues and fundraising costs are 17% of donations. For every $1 donated to the charity, 73 cents go to programs, falling within Ci’s reasonable range. Siloam Mission has funding reserves of $3.2m, resulting in a program cost coverage ratio of 53%. This means that the charity can cover 6 months of programming using reserves, indicating a need for funding. Siloam reported spending $86k on third party fundraising in F2017, but reported no gross revenue collected by the fundraisers. 

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

Updated on June 6, 2018 by Madison Kerr.

Financial Ratios

Fiscal year ending April
201720162015
Administrative costs as % of revenues 9.8%13.8%6.5%
Fundraising costs as % of donations 16.7%18.7%13.4%
Program cost coverage (%) 53.2%43.7%29.7%

Summary Financial Statements

All figures in $000s
201720162015
Donations 7,7237,1855,974
Goods in kind 321341261
Government funding 1,6301,3641,281
Business activities (net) 611604676
Investment income 726535
Total revenues 10,3589,5598,228
Program costs 6,0845,5775,881
Administrative costs 1,0101,313531
Fundraising costs 1,2921,345801
Cash flow from operations 1,9721,3241,014
Funding reserves 3,2372,4341,747
Note: Ci has adjusted for gain/loss on disposal of assets, affecting revenue by ($440) in F2017, $2,551 in F2016, and $596 in F2015. Adjustments for amortization of deferred capital contributions affect revenues by ($20k) in F2015. There is an $180 adjustment on F2017 revenue to reverse a mistype on the financial statements. Ci has included government fees for service as government revenue.

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