Queensway Carleton Hospital Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
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 Queensway Carleton Hospital Foundation:
Queensway Carleton Hospital Foundation is a good, 4-star charity. It has an average results reporting grade and reasonable overhead costs. Charity Intelligence has not assessed (n/r) Queensway Carleton Hospital Foundation's impact.
Founded in 1976, Queensway Carleton Hospital Foundation (QCHF) is the fundraising arm of the Queensway Carleton Hospital (QCH) and hopes to be a continuous high-performing fundraising organization that enables donors to make a meaningful difference for the people served by the Queensway Carleton Hospital. QCH serves a community of over 400,000 people in the Ottawa Valley, and over the last five years, QCH faced a 32% increase in mental health visits to the emergency department. In F2018, QCH reports it served over 80,000 patients, a record high for the institution. In Newsweek's 2020 ranking of Canadian hospitals, Queensway Carleton ranked 23rd.
QCHF funds the patient care of Queensway Carleton Hospital. In F2021, QCH serviced 69,279 emergency visits, 15,237 day surgery cases, 22,791 rehabilitation outpatient visits, 2,489 births, 79,471 clinic & day program visits, 125,888 diagnostic imaging tests, and 52,207 cardiopulmonary procedures.
In F2021, QCHF had two primary campaigns. The Building Space Between the Walls program aims to build a fully-equipped space for 15 bed bays at QCH, and the Advancing Surgery, Advancing Care program strives to upgrade the 11 suites of the hospital. The charity does not provide a full breakdown of its spending on its programs.
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Finances
Queensway Carleton Hospital Foundation has $5.7m in donations in F2021. Its administrative costs are 18% of revenues, and its fundraising costs are 12% of donations. For every dollar donated, 70 cents go to the cause, which is within Ci’s reasonable range for overhead spending.
QCHF has funding reserves of $9.7m that can cover 2.4 years of its program costs at the F2021 level.
This charity report is an update that has been sent to Queensway Carleton Hospital Foundation for review. Changes and edits may be forthcoming.
Updated June 21, 2022 by Lin Zhu.
Financial Review
Fiscal year ending March
|
2021 | 2020 | 2019 |
|---|---|---|---|
| Administrative costs as % of revenues | 18.0% | 13.9% | 11.9% |
| Fundraising costs as % of donations | 11.7% | 20.2% | 20.3% |
| Total overhead spending | 29.7% | 34.2% | 32.1% |
| Program cost coverage (%) | 242.5% | 123.3% | 69.8% |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
|---|---|---|---|
| Donations | 5,652 | 5,257 | 5,539 |
| Business activities (net) | 1,189 | 3,389 | 3,687 |
| Investment income | 549 | 178 | 324 |
| Total revenues | 7,391 | 8,824 | 9,550 |
| Program costs | 1,431 | 1,314 | 1,413 |
| Grants | 2,573 | 4,330 | 6,280 |
| Administrative costs | 1,234 | 1,203 | 1,095 |
| Fundraising costs | 662 | 1,064 | 1,122 |
| Other costs | 134 | 180 | 226 |
| Total spending | 6,034 | 8,091 | 10,136 |
| Cash flow from operations | 1,357 | 734 | (587) |
| Capital spending | 8 | 0 | 0 |
| Funding reserves | 9,708 | 6,959 | 5,372 |
Note: Ci presented business activities (parking and a gift shop) net of expenses, which affect both revenues and expenses by ($1.3m) in F2021, ($1.7m) in F2020, and ($1.6m) in F2019. Ci also adjusted for the administration and fundraising costs based on the charity's T3010 filing with the CRA, which affects the costs by $1.4m in F2021, F2020, and F2019. An adjustment was made to the charity's grants to Queensway Carleton Hospital, reflecting the change in due to hospital year over year. This affects spending by ($5k) in F2021, ($274k) in F2020, and ($287k) in F2019.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
2 |
$80k - $120k |
5 |
$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
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 613-721-4731