Canadian National Institute for the Blind
Toronto, ON M4G 3E8
President & CEO: John M. Rafferty
Board Chair: John Matheson
Charitable Reg. #: 11921 9459 RR0003
Grade: BThe 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 #642
Avg. Compensation $69,887
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||0|
|$200k - $250k||4|
|$160k - $200k||2|
|$120k - $160k||3|
|$80k - $120k||0|
|$40k - $80k||0|
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.
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 RatiosFiscal year ending March
|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 StatementsAll figures in $000s
|Fees for service||1,185||1,363||1,507|
|Business activities (net)||4,140||3,733||3,926|
|Cash flow from operations||(7,655)||(4,407)||2,665|