Ronald McDonald House Charities
Toronto, ON M3C 3L4
President & CEO: Cathy Loblaw
Board Chair: Richard Ellis
Charitable Reg. #: 11912 3032 RR0001
Grade: C+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #0
Avg. Compensation $0
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Ronald McDonald House Charities:
Ronald McDonald House Charities (RMHC) is a national organization that supports Canadian families with sick children through its network of Ronald McDonald Houses and their programs. RMHC grants $100k for every bedroom suite per year to each house as a contribution to operating costs, as well as an additional $30k if that House operates a family room. In addition, RMHC provides funding to the houses for renovations, expansions and other capital projects.
The houses provide a home away from home for families with sick children who are staying at a nearby hospital. They have qualified staff and dedicated volunteers who take care of the day-to-day essentials of running a home, and offer programs ranging from education to meditation. Currently, there are 14 houses across Canada and 6 family rooms. The houses accommodate a total of 10k families each year. RMHC is expanding the network of houses in order to accommodate 465 families per night in 2014, more than double the network’s capacity in 2010.
In F2011, RMHC’s fundraising costs were 5% of donations, while RMHC did not report any administrative costs. 10 cents of every Happy Meal sold in Canada are donated to RMHC, helping to lower RMHC’s fundraising cost. RMHC also does not have any paid employees. In F2011, RMHC had funding reserves of $16.1m, which cover annual program costs 4.1 times.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||0.0%||0.0%||0.0%|
|Fundraising costs as % of donations||5.1%||5.5%||6.2%|
|Program cost coverage (%)||405.9%||180.6%||445.9%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||1,603||(3,654)||1,914|