Ronald McDonald House of British Columbia
Vancouver, BC V5Z 0C9
Executive Director: Richard Pass
Board President: Peter Snell
Charitable Reg. #: 11922 2404 RR0001
Social Results Reporting
Grade: C+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #8
Avg. Compensation $68,566
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||1|
|$40k - $80k||4|
About Ronald McDonald House of British Columbia:
Ronald McDonald House of BC (RMHBC), formally known as The Children's Family House Society of BC, is designed to provide a home away from home for sick children and their families from across British Columbia and the Yukon. RMHBC is one of 14 Ronald McDonald houses across Canada helping the families of children diagnosed with serious illness or injury when they must travel for their child's treatment.
RMHBC originally opened in Vancouver in 1983 as a 13-bedroom house. In June 2014, a new 73-bedroom house opened on the grounds of the BC Children's Hospital to provide for the increased demand in services. The new house will have the capacity to accommodate 73 families at a time. RMHBC also recently opened a new Ronald McDonald Family Room, including four overnight sleeping rooms, kitchen and laundry facilities and lounge at the Surrey Memorial Hospital, to be a refuge for families and children admitted for treatment.
RMHBC charges a minimal per-night fee to stay at the house; however, some families can qualify for funding to pay this expense. Fees charged in F2014 cover only 11% of total program and administrative costs of the house. McDonald's Restaurants of Canada and Ronald McDonald House Charities of Canada provide in-kind and financial donations raised through events, suppliers, coin boxes and McHappy Day events. This support accounts for roughly 12% of RMHBC's annual budget.
Administrative costs, as noted in the charity's T3010 filing for F2013, were 8% of revenues. Administrative and fundraising costs are not broken out on the audited financial statements and the charity's T3010 filing for F2014 was not available at the time of analysis. Fundraising costs in F2014 were 8% of total donations, including $4.4m in capital contributions for construction of the new house. Capital expenditures, primarily related to the new house, were $17.8m in F2014, $5.0m in F2013 and $1.4m in F2012. Total funding reserves of $6.9m cover annual program costs 7.1 times. Excluding unspent capital contributions for the new house ($0.2m), the program cost coverage is 6.9 times.
Financial RatiosFiscal year ending January
|Administrative costs as % of revenues||2.1%||7.8%||0.6%|
|Fundraising costs as % of donations||8.1%||12.8%||3.1%|
|Program cost coverage (%)||712.1%||3,647.9%||3,420.6%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||3||47||36|
|Fees for service||122||99||123|
|Cash flow from operations||4,570||3,525||14,583|