Fondation Québécoise du Cancer
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
B+
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.
62%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 62 cents are available for programs.
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OVERVIEW
About Fondation Québécoise du Cancer:
Fondation Québécoise du Cancer is a 3-star charity. The charity has a B+ Results Reporting grade, which is above average. For every dollar donated to the charity, 62 cents are available to go to the cause, which is outside Ci's reasonable range.
Founded in 1980, Fondation Québécoise du Cancer (FQC) provides care and accommodation for people in Quebec living with cancer. FQC reports that cancer is the leading cause of death in Quebec, with an estimated 67,500 diagnoses every year. The charity states the number of new cancer cases continues to rise due to the aging Quebec population. FQC runs two main programs: Accommodation and Education and Awareness. In 2023, the charity spent $5.3m on its programs.
Accommodation accounted for 70% of program costs in 2023. Fondation Quebecoise du Cancer offers affordable and comfortable accommodation near cancer centres across Quebec. The charity runs six centres, located in Gatineau, Levis, Montreal, Quebec, Sherbrooke, and Trois-Rivieres. The charity has 130 rooms with single or double beds across its six lodges. FQC offers meal allowances, massage therapy, art therapy, and kinesiology to its residents. In 2023, patients spent under 35,000 nights across its lodges, a 17% increase compared to 2022. Over 17,000 people participated in FQC’s therapies. In 2023, 374 families stayed at its lodges.
Education and Awareness accounted for 30% of program costs in 2023. FQC increases public awareness and knowledge about cancer in Quebec. The charity also provides cancer patients and families with information through a one-on-one hotline and library. In 2023, the charity recorded over 3,850 interactions with its info-cancer service. There were also 36,000 unique visitors to the info-cancer library in 2023. The charity matched 135 patients in its peer-matching program in 2023.
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Results and Impact
Ci could not find any quantified results on Fondation Quebecoise du Cancer. This may not be a complete representation of FQC’s results and impact.
This charity is not yet rated on impact.
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Finances
Fondation Quebecoise du Cancer received $5.2m in donations and $2.0m in government funding (21% of revenue) in 2023. The charity received $1.3m in revenue from its lodging. In 2023, FQC spent $5.3m on its programs, which is 55% of revenue. The charity recorded a surplus of $2.3m, which is 24% of revenue.
Administrative costs are 2% of revenue (excluding investment income). Fundraising costs are 37% of donations. For every dollar donated to the charity, 62 cents are available to go to the cause, which is outside Ci’s reasonable range for overhead spending. Ci’s reasonable range is between 65 and 95 cents.
Fondation Quebecoise du Cancer has $11.8m in reserve funds (cash and investments). The charity’s reserves can cover 222% or two years and three months of its current annual program costs.
In 2023, FQC paid external fundraisers $153k to collect $814k. It costs 19 cents to raise a dollar using external fundraisers.
This charity report is an update that has been sent to Fondation Quebecoise du Cancer. Comments and changes may be forthcoming.
Updated on August 8, 2024 by Liam Chapleau.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 1.6% | 1.7% | 2.0% |
Fundraising costs as % of donations | 36.5% | 31.1% | 38.2% |
Total overhead spending | 38.1% | 32.8% | 40.2% |
Program cost coverage (%) | 221.7% | 191.5% | 200.7% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 5,188 | 4,979 | 3,922 |
Government funding | 1,977 | 2,104 | 2,051 |
Fees for service | 1,284 | 1,090 | 661 |
Business activities (net) | 19 | 20 | 20 |
Investment income | 585 | (453) | 304 |
Other income | 577 | 108 | 141 |
Total revenues | 9,630 | 7,847 | 7,098 |
Program costs | 5,307 | 4,845 | 4,231 |
Administrative costs | 147 | 144 | 134 |
Fundraising costs | 1,894 | 1,547 | 1,499 |
Total spending | 7,347 | 6,537 | 5,864 |
Cash flow from operations | 2,283 | 1,310 | 1,235 |
Capital spending | 141 | 248 | 85 |
Funding reserves | 11,763 | 9,279 | 8,490 |
Note: DEFERRED REVENUE: Ci accounted for deferred revenue, affecting revenue by $362k in 2023, $9k in 2022, and ($75k) in 2021. UNREALIZED LOSS: Ci included unrealized losses, affecting revenue by $472k in 2023, ($657k) in 2022, and $232k in 2021. ADDITIONAL REVENUE BELOW THE LINE: Ci included revenue below the line to finance programs and services, affecting revenue by $111k in 2023, ($nil) in 2022, and $110k in 2021. GOVERNMENT FUNDING: Ci separated government funding from service income, according to the charity’s audited financial statements. This was $2.0m in 2023, $2.0m in 2022, and ($1.2m) in 2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
1 |
$80k - $120k |
7 |
$40k - $80k |
1 |
< $40k |
0 |
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: 1-877-336-4443