Interval House
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
B
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
80%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 80 cents are available for programs.
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OVERVIEW
About Interval House:
Interval House is a 2-star charity. It has an average results reporting score and reasonable overhead costs; however, it has been rated as Low demonstrated impact per dollar spent and is not financially transparent.
Founded in 1973, Interval House is a women and children’s shelter for victims of domestic violence. It believes everyone has the right to a safe, healthy, and violence-free life. Interval House reports that 33% of adult women were sexually assaulted by a friend and 25% by a spouse or boyfriend.
The charity runs two main programs: Residential and Community.
Residential programs were 54% of program spending in F2023. These include operating its shelter and providing immigration, legal, and financial services to victims. It also runs a crisis helpline for women seeking immediate help. In F2023, Interval House housed 56 women and 67 children with an average length of stay of 65 days. It ran 86 support service sessions, including 38 psycho-educational group sessions for children and 168 individual counselling sessions. Its phone line responded to 476 crisis calls.
Community programs were 46% of program spending in F2023. These include its housing supports and Building Economic Self-Sufficiency (BESS) program. In F2023, the charity served 164 women through BESS, 86 women through workshops, 62 through employment services, and 101 through housing services.
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Results and Impact
Through its partnership with Tricon Residential, a real estate company, Interval House provides housing subsidies. In F2023, it provided ten clients with subsidized housing at either 40% or 80% average market rate.
While Ci highlights these key results, they may not be a complete representation of the charity's results and impact.
Charity Intelligence has given Interval House a Low impact rating based on demonstrated impact per dollar spent.
Impact Rating: Low
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Finances
In F2023, Interval House received $2.4m in donations. It also received $1.2m in government funding, representing 30% of total revenue. Administrative costs were 6% of revenues, less investment income. Fundraising costs were 14% of donations. Total overhead spending was 20%. For every dollar donated, 80 cents are available to go to the cause. This is within Ci’s reasonable range for overhead spending. In F2023, Interval House had $5.8m in funding reserves. These can cover two years and three months of annual program costs.
Interval House is not financially transparent. It does not make its audited financial statements publicly available. Ci compiled this review from information received from the CRA's Charities Directorate.
This charity report is an update that has been sent to Interval House for review. Changes and edits may be forthcoming.
Updated on July 22, 2024 by Stellar Zhang.
Financial Review
Fiscal year ending September
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 5.9% | 4.9% | 5.6% |
| Fundraising costs as % of donations | 14.3% | 8.3% | 9.7% |
| Total overhead spending | 20.2% | 13.2% | 15.3% |
| Program cost coverage (%) | 227.3% | 247.3% | 268.7% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 2,361,355 | 2,873,996 | 2,401,842 |
| Goods in kind | 0 | 0 | 150,885 |
| Government funding | 1,154,568 | 1,190,701 | 1,361,468 |
| Investment income | 363,171 | (373,994) | 585,850 |
| Total revenues | 3,879,094 | 3,690,703 | 4,500,045 |
| Program costs | 2,535,885 | 2,545,347 | 2,195,648 |
| Administrative costs | 205,827 | 199,485 | 219,253 |
| Fundraising costs | 337,622 | 236,999 | 231,860 |
| Other costs | 863,827 | 583,144 | 696,018 |
| Total spending | 3,943,162 | 3,564,975 | 3,342,779 |
| Cash flow from operations | (64,068) | 125,728 | 1,157,266 |
| Capital spending | 40,480 | 155,107 | 213,131 |
| Funding reserves | 5,764,044 | 6,295,145 | 5,900,518 |
Note: Ci reported program, fundraising, and administrative expenses from the charity’s T3010 filing with the CRA. Ci removed amortization from other expenses on a pro-rata basis to report as a separate line item.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
10 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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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: 416-924-1411