Canadian Red Cross

170 Metcalfe Street
Ottawa, ON K2P 2P2
President & CEO: Conrad Sauvé
Board Chair: Sara John Fowler

Website: www.redcross.ca
Charitable Reg. #: 11921 9814 RR0001
Sector: Social Services
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

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 ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #1,489

Avg. Compensation $59,185

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 1
$250k - $300k 0
$200k - $250k 1
$160k - $200k 7
$120k - $160k 1
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Canadian Red Cross:

Founded in Canada in 1896, Canadian Red Cross (CRC) works to improve the lives of vulnerable people by mobilizing the power of humanity in Canada and around the world. It seeks to be the leading humanitarian organization through which people voluntarily demonstrate their caring for others in need. CRC is one of 187 members of the International Red Cross and Red Crescent.

With around 20,000 volunteers and 314 branches in Canada, over a third of Canadian Red Cross programs provide community health services, health equipment loans, and first aid training. In September 2014, CRC sold its half interest in Red Cross Care Partners, discontinuing $86m in personal support services. International operations respond to national disasters and also international development with the distribution of insecticide-treated mosquito nets, vaccinations, medicine, and vitamin supplements.Through its Maternal, Newborn and Child Health programs, Canadian Red Cross reached out to more than one million mothers and children in 2013, one third of these in Mali.

In F2014, CRC responded to floods in Alberta, Lac Mégantic by mobilizing teams of volunteers from across the province and deploying emergency equipment to meet the basic needs of people affected by the disaster. Disaster response is one program of Canadian Red Cross operations distinct from its national community health programs and international development. Charity Intelligence has separate reports for donors on Canadian Red Cross disaster operations.

May 2016 Fort McMurray Fire:https://www.charityintelligence.ca/fort-mcmurray-fires

Lac Megantic 3 year update:https://www.charityintelligence.ca/news-and-views/ci-articles?id=201

Financial Review:

In F2015, CRC's administrative costs were 18% of revenues and its fundraising costs were 19% of donations. F2014 was an extraordinary year for donations with Canadians supporting the CRC for relief in the Alberta floods, Lac Megantic and Typhoon Haiyan in the Philippines. CRC has $195m in funding reserves (excluding donor endowed funds of $1.3m), largely to fund rebuilding efforts in disaster areas. These funding reserves cover annual program costs 82%.

This charity report is an update that is being reviewed by CRC. Changes and edits may be forthcoming.

Updated on July 14, 2015 by Rohan Bhargava

Financial Ratios

Fiscal year ending March
201520142013
Administrative costs as % of revenues 17.5%11.3%14.2%
Fundraising costs as % of donations 18.6%7.7%18.5%
Program cost coverage (%) 82.9%76.5%66.7%

Summary Financial Statements

All figures in $000s
201520142013
Donations 127,144312,523145,055
Government funding 122,84180,684130,194
Lotteries (net) 3881,0961,505
Special events 14,53311,66910,450
Investment income 3,1785,8712,959
Other income 690195500
Total revenues 268,774412,038290,663
Program costs - International 82,59273,53664,026
Program costs - Canada 152,893219,281200,882
Grants 09170
Administrative costs 46,49046,06540,896
Fundraising costs 26,27824,87928,684
Other costs 863889867
Cash flow from operations (40,342)46,471(44,692)
Funding reserves 195,103224,799176,582
Note: Ci used CRC’s T3010 filing for F2015-F2013 to access government funding which is not broken out in the audited financial statements. Ci has adjusted short and long term deferred revenue, recognizing donations in the year they are received rather than the year donations are spent. Given CRC's disaster appeals and subsequent spending in relief and recovery this creates large deferred revenues: ($30.8m) in F2015, $52.3m in F2014, and ($45.6m) in F2013. Ci reports fundraising costs excluding lotteries. This reduces reported fundraising costs by $1.0m in F2015, $2.9m in F2014, and $3.9m in F2013. A prior version of this profile (July 2015-October 2015) incorrectly allocated Disaster Appeal expenses $27.3m in F2014 to fundraising costs rather than to Canadian programs. CRC notified Ci of this error and it has been corrected.

Comments added by the Charity:

Canadian Red Cross has noted a number of discrepancies with the information posted on this page by Charity Intelligence. Canadian Red Cross has reviewed the information and will be working with Charity Intelligence to ensure that revisions are made to this content and accurate details are posted. If you have any questions regarding the information on this page, please e-mail WeCare@redcross.ca or call 1-800-418-1111.

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