Ronald McDonald House Toronto

240 McCaul Street
Toronto, ON M5T 1W5
CEO: Stephanie Karapita
Board Chair: Joseph Cooper

Website: www.rmhctoronto.ca
Charitable Reg. #: 11885 2631 RR0001
Sector: Social Services - Youth
Operating Charity

Donor Accountability

Grade: B+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #42

Avg. Compensation $67,356

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 1
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 6
$40k - $80k 2
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Ronald McDonald House Toronto:

Founded in 1981, Ronald McDonald House Toronto (RMHT), formally known as Toronto Children’s Care Inc., accommodates families of seriously ill children while they receive treatment in local Toronto hospitals.

Ronald McDonald House Toronto’s House is less than half a kilometer away from Sick Kids Hospital in downtown Toronto and can hold 81 families at a time. RMHT charges families $15 per night and gives sick children the opportunity to live with their families while receiving treatment. RMHT housed 762 families in 2016 and reports a 97% satisfaction rate for the year. Families stayed at the house for an average of 26 days and the occupancy rate throughout the year was 94%. The House’s amenities include sleeping quarters, a kitchen, laundry facilities, a media room and a kids clubhouse. The families must live a minimum of 55km away from the hospital to be eligible for the house.

Ronald McDonald House Toronto also has 7 Family Rooms, 6 located within hospitals in the Greater Toronto Area as well as 1 at Health Sciences North in Sudbury. These rooms are for families to escape the traditional hospital setting while staying close to their child in care. Family Rooms offer lounge rooms, laundry facilities, kitchens and napping areas, meant only for the families of children receiving treatment. RMHT served 3,605 families in 2016 with its Family Rooms, which is a 51% increase compared to the previous year. On average, the Family Rooms had 212 visitors every day.

Among the family programs RMHT offers its clients, its Toronto School is a standout program, being the only school of its kind in Canada. It is accredited as a private school and enrolls both patients and siblings, providing them with education and normalcy during treatment. The school saw an enrollment of 67 students for the 2015/16, participating in lessons run by three full-time teachers.

Financial Review:

Ronald McDonald House Toronto is a medium-sized charity with total donations and fundraising revenues of $4.9m in F2015. Administrative costs are 11% of revenues and fundraising costs are 19% of donations. For every dollar donated, 70 cents goes towards its programs, falling within Ci’s reasonable range.

The charity holds funding reserves of $19.0m, which can cover annual program costs for 5.6 years.

This charity report is an update that is currently being reviewed by Ronald McDonald House Toronto. Changes and edits may be forthcoming.

Updated on July 13, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending October
201620152014
Administrative costs as % of revenues 10.7%9.3%10.1%
Fundraising costs as % of donations 19.4%16.8%22.8%
Program cost coverage (%) 562.8%617.7%663.9%

Summary Financial Statements

All figures in $000s
201620152014
Donations 4,9234,9045,089
Fees for service 425392382
Investment income 1,2475571,196
Total revenues 6,5945,8536,666
Program costs 3,3752,8642,507
Administrative costs 573492552
Fundraising costs 9528241,159
Cash flow from operations 1,6941,6722,447
Funding reserves 18,99417,69316,645
Note: Ci calculated investment income net of investment management fees, affecting both revenues and expenses by ($54k) in F2016, ($47k) in F2015 and ($65k) in F2014 . Amortization of imputed interest benefit of $15k in F2016,  $17k in F2015 and of $19k in F2014 is included in non-cash expenses and has been backed out of administrative costs. Mortgages receivable is included in the charity’s funding reserves.

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