Suite M101, 1809 Barrington Street
Halifax, NS B3J 3K8
Board Chair: Kenny Hilaire
President & CEO: Sara Napier

Charitable Reg. #:11927 8232 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.

73%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 73 cents are available for programs.



My anchor

OVERVIEW

About United Way Halifax:

United Way Halifax is a 4-star charity with a below-average results reporting grade. The charity has reasonable overhead spending and is financially transparent. With its current reserves, the charity can cover over 2 years of annual program costs.  

Founded in 1925, United Way Halifax (UWH) raises funds to address poverty in the Halifax region. UWH focuses on poverty solutions, affordable housing, and homelessness. The charity reports that 43.9% of those aged 15-29 years living alone in Halifax cannot afford basic necessities.

In F2022, UWH spent $3.5 million into the community. This included $1.1m in in-house program costs, $1.4m in grants to other charities and $1.1m in donor-designated grants. Program costs include funds that UWH provides for partnership facilitation, research and public engagement on issues involving equity, housing and poverty. UWH’s granting falls into three categories: poverty to prosperity, increasing community connectedness, and creating affordable housing. In F2022, the charity directly supported 31 programs, helping 13,979 people. Of these programs, 40% focused on children and youth. It also supported 10 programs to renovate neighborhood kitchens and gathering spaces.

My anchor

Results and Impact

In F2022, United Way Halifax helped 553 people increase their quality of life with employment. The charity's community programs helped 5,478 access healthy food and 3,542 people create new social connections.

While Ci highlights these key results, they may not be a complete representation of United Way Halifax's results and impact. This charity is not yet rated for impact (n/r). 

 

My anchor

Finances

In 2020, United Way Halifax changed its year-end from December to March. The information presented below for 2020 represents the 3-month period from January to March.

United Way Halifax received donations of $5.2m in F2022. Administrative costs are 7% of total revenues (excluding investment income) and fundraising costs are 21% of total donations. This means United Way Halifax spends 27% on overhead. For every dollar donated, 73 cents go to the cause. This is within Ci’s reasonable range for overhead spending. 

United Way Halifax has $5.2m in reserve funds. These are the charity’s cash and investments. The charity could cover around two years and one month of program spending at the F2022 level. The program spending ratio increased from F2021 by 176% primarily due to a 75% reduction in grants dispersed.

The F2020 program cost coverage is not comparable as no grants were reported during the 3-month fiscal year.

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

Updated on June 23, 2023 by Alessandra Castino.

Financial Review


Financial Ratios

Fiscal year ending March
202220212020
Administrative costs as % of revenues 6.7%3.8%0.0%
Fundraising costs as % of donations 20.6%22.8%35.6%
Total overhead spending 27.2%26.6%35.6%
Program cost coverage (%) 211.1%76.6%265.5%

Summary Financial Statements

All figures in $000s
202220212020
Donations 5,1924,488718
Government funding 4104,6480
Investment income 1231130
Other income 2685036
Total revenues 5,9939,300754
Program costs 1,056890323
Grants 1,4005,6580
Donor-designated donations 1,08268320
Administrative costs 3933510
Fundraising costs 1,0671,022256
Total spending 4,9988,605599
Cash flow from operations 995695156
Capital spending 000
Funding reserves 5,1855,0173,428

Note: Ci used the charity's T3010 filing with the CRA to report its admin cost as a separate line item and removed the amount from program costs and grants on a pro-rata basis. Ci adjusted for deferred donations, affecting total revenues by $1.1m in F2022, ($54k) in F2021 and ($790k) in F2020. 

Salary Information

Full-time staff: 25

Avg. compensation: $66,845

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
5
$40k - $80k
4
< $40k
0

Information from most recent CRA Charities Directorate filings for F2022

My anchor

Comments & Contact

Comments added by the Charity:

Charity Contact

Website: www.unitedwayhalifax.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 902 422 1501

Print