Shriners Hospitals for Children
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
D
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.
93%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 93 cents are available for programs.
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OVERVIEW
About Shriners Hospitals for Children:
Shriners Hospitals for Children is a one-star charity. It is not financially transparent and has a poor results reporting grade of D. For every dollar donated to the charity, 93 cents are available to go to the cause, which is within Ci's reasonable range. Before donating, read Ci's report.
Founded in 1967, Shriners Hospitals for Children raises money for Shriners Hospitals for Children — Canada (SHC-Canada), a children’s healthcare centre in Montreal. Shriners International is a global fraternity based on Masonic principles that supports 22 Shriners Hospitals across North America. Regardless of a family’s ability to pay, its hospitals treat children with nerve, muscular, and connective tissue disorders. Shriners Hospitals for Children distributed $18.4m to the hospital in F2022; however, the hospital paid $8.8m in rent to Shriners Hospitals for Children so the net funds to the hospital were $9.6m. Shriners Hospitals for Children does not provide a spending breakdown for its programs.
The charity does not have an annual report for its Canada branch.
The charity’s motion analysis center has treated 870 children since its opening in March 2017. SHC-Canada reports it performs over 350 motion analysis examination each year. The hospital's care and research focuses on clubfoot, spine and spinal cord, hip dysplasia, sports medicine, osteogenesis imperfecta (brittle bone disease), limb deformities, and arthrogryposis. Shriners International reports it has treated over 1.5 million children since 1922.
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Results and Impact
Shriners Hospitals for Children reports that the hospital received the Press Ganey Award in 2020 for the fifth year in a row. The charity states it scored in the top five percent in all the categories measured.
While Ci highlights these key results, they may not be a complete representation of Shriners Hospitals for Children’s results and impact.
This charity is not yet rated on impact (n/r).
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Finances
Shriners Hospitals for Children is not financially transparent. Ci received its financial statements after requesting them from the charity.
Shriners Hospitals for Children received $12.0m in donations and special events revenue in F2022. It also received $8.8m in rental income from Shriners Hospitals for Children — Canada, representing 42% of revenue. Administrative costs are 1% of revenue (excluding investment income), and fundraising costs are 6% of donations and special events revenue. This results in total overhead spending of 7%. For every dollar donated to the charity, 93 cents are available to go to the cause, which is within Ci’s reasonable range.
The charity has $30.6m in reserve funds, which can cover 166%, or one year and eight months of its annual program costs.
The charity reports no employees or salary data on its T3010 filing with the CRA.
Charity Intelligence has sent this update to Shriners Hospitals for Children for review. Changes and edits may be forthcoming.
Updated on August 17, 2023 by Liam Chapleau.
Financial Review
Fiscal year ending December
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 1.1% | 1.4% | 1.2% |
| Fundraising costs as % of donations | 5.5% | 9.9% | 7.8% |
| Total overhead spending | 6.6% | 11.3% | 9.0% |
| Program cost coverage (%) | 165.8% | 164.3% | 209.5% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 11,514 | 6,178 | 7,205 |
| Government funding | 31 | 0 | 0 |
| Fees for service | 46 | 50 | 55 |
| Business activities (net) | 8,834 | 8,195 | 8,195 |
| Special events | 440 | 894 | 63 |
| Investment income | 89 | 536 | 212 |
| Other income | 317 | 191 | 177 |
| Total revenues | 21,270 | 16,044 | 15,907 |
| Grants | 18,449 | 17,730 | 15,638 |
| Administrative costs | 231 | 221 | 193 |
| Fundraising costs | 657 | 700 | 565 |
| Other costs | 0 | 0 | 1,602 |
| Total spending | 19,337 | 18,652 | 17,998 |
| Cash flow from operations | 1,933 | (2,608) | (2,091) |
| Capital spending | 493 | 1,210 | 2,787 |
| Funding reserves | 30,583 | 29,131 | 32,758 |
Note: To report on a cash basis, Ci included deferred donations and excluded amortization of deferred contributions, impacting revenue by ($2.7m) in F2022, ($2.9m) in F2021, and ($2.9m) in F2020. Ci reported fundraising revenue gross of expenses, increasing both revenue and expenses by $267k in F2022, $247k in F2021, and $44k in F2020. Ci included grants to hospital within expenses in the amount of $18.4m in F2022, $17.7m in F2021, and $15.6m in F2020. Ci included allocations from Shriners Headquarters in other revenue and allocations to Shriners Hospitals for Children — Canada in grants.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $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: 514-842-4464