Toronto, ON M5G 2R5
President & CEO: Rick Blickstead
Board Chair: Jim Newton
Charitable Reg. #: 11883 0744 RR0001
Grade: B+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #302
Avg. Compensation $71,098
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||4|
|$160k - $200k||4|
|$120k - $160k||2|
|$80k - $120k||0|
|$40k - $80k||0|
About Diabetes Canada:
Founded in 1953, Diabetes Canada works toward a world free from diabetes. In February 2017, Canadian Diabetes Association (CDA) rebranded with the new name Diabetes Canada. With its new name and logo, Diabetes Canada hopes to speak with a bolder voice and raise greater public awareness on behalf of people with diabetes or at risk of diabetes.
Diabetes is a chronic illness marked by unusually high blood sugar levels. In healthy individuals, the body produces insulin which acts as the body’s natural way of controlling blood sugar levels. People living with diabetes either lack insulin or form insulin that the body cannot use to regulate sugar levels. As a result, sugar accumulates in the bloodstream and is toxic to internal organs, blood vessels and nerves. People living with diabetes cannot naturally access these sugar stores and often suffer from extreme fatigue.
The number of Canadians living with diabetes has doubled in the last 15 years, per Diabetes Canada. The charity reports that 11 million Canadians live with the disease, a number expected to rise by more than 40% in the next 10 years.
To combat this disease, Diabetes Canada funds research projects that investigate both treatments and a possible cure. The charity’s 2015 Research Report provides information on the 75 research projects funded by Diabetes Canada in 2015. The charity reports that research findings from one of its funded research teams in 2015 have resulted in development of two new drugs for diabetes treatment. The 2016 Research Report has yet to be released, but is expected to provide information on the 80 research projects undertaken in 2016.
Diabetes Canada also provides direct support to people living with diabetes. The charity runs expos, workshops and webinars for people living with diabetes to gain a better understanding of the disease. Over 33,000 people attended the 350 events held in 2016.
D-Camps are another program run by Diabetes Canada and provide a place for children with diabetes to connect with each other and learn how to live with the disease. The charity ran 50 D-Camps in 2016, attended by 2,400 kids and families.
Diabetes Canada is a ‘Major 100’ – one of Canada’s 100 largest charities. The charity collected $24.9m in donations in F2016. Administrative costs are 17% of revenues and fundraising costs are 39% of donations. For every $1 donated, 44 cents go to the cause, falling outside of Charity Intelligence’s reasonable range for overhead spending.
Diabetes Canada has funding reserves of $6.4m (23% are donor-endowed). Funding reserves cover 21% of annual program costs, emphasizing a need for donations.
Diabetes Canada's Clothesline operation, which picks up used clothing and donated household goods, is held in a separate trust. Diabetes Canada receives the net profit from these Clothesline operations. In F2016 this was $10.5m compared with $10.5m in F2015 and $11.5m in F2014. Clothesline has an exclusive agreement with Value Village stores. Charity Intelligence consistently reports net profits earned from related businesses as business income. Diabetes Canada includes this net income from Clothesline operations as public support. This difference materially affects Diabetes Canada's financial ratios. Diabetes Canada reports fundraising costs from total support from the public at 28.6% in F2016, 25.2% in F2015, and 28.4% in F2014.
CDA changed its year end from August to December in F2014, making F2014 figures based on 16 months. Ci adjusted the program cost coverage for F2014 to be based on 12 months of programming.
Diabetes Canada reports using external fundraisers. This is an immaterial $111k paid.
This charity report is an update that is being reviewed by Diabetes Canada. Changes and edits may be forthcoming.
Updated on May 18, 2017 by Juliana Badovinac.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||17.1%||18.7%||15.2%|
|Fundraising costs as % of donations||39.1%||33.3%||36.7%|
|Program cost coverage (%)||21.0%||54.0%||30.6%|
Summary Financial StatementsAll figures in $000s
|Fees for service||3,671||3,363||4,980|
|Business activities (net)||11,749||11,679||13,294|
|Cash flow from operations||(2,227)||617||2,099|