Canadian National Institute for the Blind

1929 Bayview Ave.
Toronto, ON M4G 3E8
President & CEO: John M. Rafferty
Board Chair: John Matheson

Website: www.cnib.ca
Charitable Reg. #: 11921 9459 RR0003
Sector: Social Services
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

donor
endowed
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 #642

Avg. Compensation $69,887

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 1
$250k - $300k 0
$200k - $250k 4
$160k - $200k 2
$120k - $160k 3
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Canadian National Institute for the Blind:

Founded in 1918, Canadian National Institute for the Blind (CNIB) is a national charity supporting Canadians who are blind or partially sighted. Headquartered in Toronto, CNIB has more than 50 local offices across Canada. CNIB ensures that its clients have the skills and confidence to fully participate in life. The charity estimates that half a million Canadians are living with significant vision loss that impacts their quality of life. Each year more than 45,000 Canadians will lose their sight. CNIB estimates that 75% of cases are avoidable through prevention and treatment. Canadians living with vision loss received 560,000 hours of services in 2016 by CNIB.

 CNIB reports its major programs as rehabilitation, community-based support services, advocacy, and research. In 2016, CNIB worked alongside other blindness organizations to develop an affordable braille reader and reduced the cost to purchase from $3,000 to $500. Other programs include assistive technology, deafblind services, and alternate format library services.

 

Financial Review:

CNIB is a Major 100 charity with $24.9m in donations in F2016. CNIB's administrative costs were 4% of revenues and fundraising costs were 43% of donations. For every $1 donated, 54 cents go to the cause. This falls below Charity Intelligence’s reasonable range.

CNIB has net funding reserves of $9.4m, which cover 17% of annual program costs. This is only enough for 2 months of programming, signifying a need for funding. CNIB’s funding reserves are entirely donor endowed.

This charity report is an update that is currently being reviewed by Canadian National Institute for the Blind. Changes and edits may be forthcoming.

 Updated on May 17, 2017 by Juliana Badovinac.

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 3.8%3.7%3.9%
Fundraising costs as % of donations 42.6%43.4%40.6%
Program cost coverage (%) 16.9%27.5%37.5%

Summary Financial Statements

All figures in $000s
201620152014
Donations 24,94526,69230,002
Government funding 26,83726,83626,192
Fees for service 1,1851,3631,507
Lotteries (net) 2,1641,8982,148
Business activities (net) 4,1403,7333,926
Investment income 1,6785,0706,986
Other income 2,4022,6341,976
Total revenues 63,35168,22672,737
Program costs 55,59157,39954,344
Administrative costs 2,3692,3532,529
Fundraising costs 10,62611,58812,184
Other costs 2,4201,2931,015
Cash flow from operations (7,655)(4,407)2,665
Funding reserves 9,40515,75620,354
Note: Ci reports revenues and expenses on a cash basis. Gain on sale of capital assets have been excluded from revenues, affecting revenues by ($91k) in F2016, ($98k) in F2015, and ($516k) in F2014. Deferred capital contributions have also been excluded from revenues, reducing them by $1.5m in F2016, $1.3m in F2015, and $1.8m in F2014. Lottery income is reported net of expenses. This reduced both revenues and expenses by $8.2m in F2016, $7.8m in F2015, and $7.4m in F2014.

Comments added by the Charity:

[Charity Intelligence note: This profile has recently been updated. The comments that follow apply to an earlier version and may be revised.]

CNIB is a registered charity, passionately providing community-based support, knowledge and a national voice to ensure Canadians who are blind or partially sighted have the confidence, skills and opportunities to fully participate in life.

To do that, our dedicated specialists work with people of all ages in their own homes, communities or local CNIB offices – providing the personalized rehabilitation support they need to see beyond vision loss, build their independence and lead the lives they want.

In addition to our community-based services, we also work hand-in-hand with Canadians who are blind or partially sighted to advocate for a barrier-free society, and we strive to eliminate avoidable sight loss with world-class research and by promoting the importance of vision health through public education.

To make a donation or learn more, visit cnib.ca or call the toll-free CNIB Helpline at 1-800-563-2642.

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