Ronald McDonald House Charities
Toronto, ON M3C 3L4
President & CEO: Cathy Loblaw
Board Chair: George Cohon
Charitable Reg. #: 11912 3032 RR0001
Grade: B+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
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:
Founded in 1982, 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. Ronald McDonald 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 dinner programs to meditation. Family Rooms are in children’s hospitals or in houses and provide a calm and supportive space for families. Their Care Mobiles deliver healthcare to vulnerable communities.
RMHC reports that 70% of Canadians live outside a city with a children’s hospital, which means that they must travel for medical care if their child is seriously sick or injured. There are currently 15 houses, 16 Family Rooms and 2 Care Mobiles across Canada. It supported 22,377 Canadian families in F2014 with 10,636 families staying at a Ronald McDonald House and 10,773 families using the Family Rooms and almost 1000 families helped through its Care Mobile programs.
In F2014, its houses had 3,033 families on a waitlist and 2,462 families were turned away. To meet the need, RMHC anticipates to build 4 new houses and 21 new family rooms for a total of 661 bedrooms over the next five years.
Ronald McDonald House Charities is a large-cap charity with donations of $10.8m in F2015. Its administrative costs are 4% of revenues and fundraising costs are 10% of donations. For every dollar donated, 87 cents goes towards its programs, falling within Ci’s reasonable range. The charity has funding reserves of $17.6m which can cover program costs for a little under 4 years.
Note: The charity does not report any employees or any employee compensation on its T3010A filings.
This charity report is an update that is being reviewed by Ronald McDonald House Charities. Changes and edits may be forthcoming.
Updated on July 7, 2017 by Josh Lam.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||3.6%||3.6%||3.1%|
|Fundraising costs as % of donations||9.7%||8.7%||4.5%|
|Program cost coverage (%)||389.4%||327.8%||355.8%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||4,727||4,651||3,627|