Ronald McDonald House Newfoundland and Labrador
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
A-
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.
60%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 60 cents are available for programs.
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OVERVIEW
About Ronald McDonald House Newfoundland and Labrador:
Ronald McDonald House of Newfoundland and Labrador is a 1-star charity that is not financially transparent. It has an above-average results reporting grade of A- and a Low demonstrated impact. For every dollar donated, 60 cents are available to go towards the cause. Its reserve funds can cover six years and six months of annual program costs.
Founded in 2012, Ronald McDonald House of Newfoundland and Labrador (RMHNL) provides accommodation for sick children and their families who travel to receive pediatric treatment at Janeway Children’s Health and Rehabilitation Centre in St. John’s. RMHNL is one of 16 Ronald McDonald Houses in Canada. RMHNL’s house has 15 family suites, each equipped with two queen beds. Families have access to laundry facilities, children’s play areas, and common areas. In 2023, RMHNL spent $958k on its House program, including $329k in donated goods and services in kind.
In 2023, Ronald McDonald House of Newfoundland and Labrador provided 3,897 nights of comfort to 242 sick children and their families. The average length of stay was 13 nights. The House prepared 4,655 meals for families. In 2023, the charity also provided families with 242 Welcome Home Bags, 100 Just Like Nan’s Baked Goods, and 53 special celebrations like birthdays.
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Results and Impact
The charity reports that without RMHNL’s House, families could incur up to $6,773 in out-of-pocket expenses to be by the side of their sick child for just one 13-day hospital stay or $521 per day.
While Ci highlights these results, they may not be a complete representation of Ronald McDonald House of Newfoundland and Labrador’s results and impact.
Ci has determined Ronald McDonald House of Newfoundland and Labrador to have a Low rating for demonstrated impact per dollar.
Impact Rating: Low
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Finances
RMHNL’s audited financial statements are not available on its website. Ci received the financial statements after requesting them from the charity.
In 2023, RMHNL received $1.7m in donations and special events revenue. The charity also received $329k in donated goods, representing 15% of total revenues. In 2023, administrative costs are 9% of total revenues (less investment income) and fundraising costs are 31% of total donations. For every dollar donated, 60 cents are available to go towards the cause. This is outside of Ci’s reasonable range for overhead spending. In 2023, RMHNL spent $629k on its programs (excluding goods in kind) which represents 33% of total revenues (excluding goods in kind).
In 2023, RMHNL had reserve funds (cash and investments) of $4.1m. These reserve funds can cover six years and six months of annual program costs.
Profile updated on August 19, 2024 by Abby Stout.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 9.0% | 8.7% | 9.0% |
| Fundraising costs as % of donations | 30.7% | 24.5% | 22.4% |
| Total overhead spending | 39.7% | 33.2% | 31.4% |
| Program cost coverage (%) | 646.7% | 758.0% | 708.7% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 833,402 | 1,230,805 | 761,273 |
| Goods in kind | 329,493 | 291,704 | 216,720 |
| Government funding | 0 | 0 | 32,637 |
| Fees for service | 37,765 | 39,508 | 30,285 |
| Special events | 906,697 | 565,023 | 684,401 |
| Investment income | 119,152 | 35,306 | 23,331 |
| Other income | 11,232 | 8,970 | 8,856 |
| Total revenues | 2,237,741 | 2,171,316 | 1,757,503 |
| Program costs | 628,812 | 503,950 | 520,420 |
| Donated goods exp | 329,493 | 291,704 | 216,720 |
| Administrative costs | 190,885 | 185,805 | 155,967 |
| Fundraising costs | 534,092 | 439,547 | 323,492 |
| Total spending | 1,683,282 | 1,421,006 | 1,216,599 |
| Cash flow from operations | 554,459 | 750,310 | 540,904 |
| Capital spending | 209,751 | 737,673 | 90,998 |
| Funding reserves | 4,066,346 | 3,819,763 | 3,687,999 |
Note: INVESTMENT INCOME: Ci included investment income reported below the line. This increased total revenues by $119k in 2023, $35k in 2022, and $25k in 2021. AMORTIZATION: Ci removed amortization from program, administrative, and fundraising costs on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
2 |
$40k - $80k |
5 |
< $40k |
2 |
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: 855-955-4663