Yukon Hospital Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
F
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.
69%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 69 cents are available for programs.
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OVERVIEW
About Yukon Hospital Foundation:
Yukon Hospital Foundation is a 1-star charity. It is not financially transparent, has a low results reporting grade, and has funding reserves of $1.7m that can cover grants at the three-year average granting level for just under three years. Before you give, read Charity Intelligence's report.
Established in 2005, Yukon Hospital Foundation (YHF) works under the direction of its volunteer Board of Directors. YHF raises funds through events and individual and corporate giving to help the Yukon Hospital Corporation enhance the quality of healthcare Yukoners receive at the Whitehorse, Watson Lake and Dawson City hospitals.
Yukon Hospital Foundation granted $71k in F2022, of which $27k went to the Yukon Cancer Care Fund. Since it started granting funds in 2014, Yukon Cancer Care Fund has assisted over 185 Yukoners by granting one-time donations of $1,000 per patient.
Yukon Hospital Foundation aims to raise $1.5m to support the creation of a new 12-bed inpatient mental health unit at Whitehorse General Hospital. Currently, the space has 6 beds. It aims to achieve this goal by 2023.
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Results and Impact
Charity Intelligence could not find any quantified outcomes on Yukon Hospital Foundation's website. This may not be a complete representation of Yukon Hospital Foundation's results and impact.
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Finances
Yukon Hospital Foundation received $1.2m in donations and special event revenues in F2022. Fundraising and administrative costs are 31% of revenues. For each dollar donated, 69 cents go to the cause. This is within Ci's reasonable range for overhead spending. Yukon Hospital Foundation's funding reserves of $1.7m can cover grants at the F2022 level for 24 years or just under three years at the three-year average granting level.
This charity report is an update that has been sent to Yukon Hospital Foundation for review. Changes and edits may be forthcoming.
Updated on August 15, 2022 by Emily Downing.
Financial Review
Fiscal year ending March
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Fundraising & admin costs as % of revenues | 30.6% | 24.8% | 53.4% |
| Total overhead spending | 30.6% | 24.8% | 53.4% |
| Program cost coverage (%) | 2,439.2% | 170.8% | 41.3% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 751,156 | 1,114,471 | 265,938 |
| Government funding | 93,000 | 93,000 | 93,000 |
| Special events | 408,306 | 273,377 | 625,812 |
| Investment income | 4,944 | 4,425 | 24,868 |
| Other income | 0 | 240 | 2 |
| Total revenues | 1,257,406 | 1,485,513 | 1,009,620 |
| Grants | 71,353 | 577,405 | 1,161,858 |
| Fundraising & administrative costs | 382,666 | 366,573 | 525,736 |
| Total spending | 454,019 | 943,978 | 1,687,594 |
| Cash flow from operations | 803,387 | 541,535 | (677,974) |
| Capital spending | 0 | 12,143 | 0 |
| Funding reserves | 1,740,423 | 985,988 | 479,292 |
Note: Ci has included special events gross of expenses in revenue and moved the special event expenses to expenses, affecting both revenues and expenses by $274k in F2018, $254k in F2017, and by $211k in F2016.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$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: 867-393-8930