Canadian Charity Impact Fund
Toronto, ON M5E 1S7
Executive Director: n/a
Board Chair: n/a
Charitable Reg. #: n/a
Social Results Reporting
Grade: A-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #276
Avg. Compensation $53,982
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||3|
|$80k - $120k||6|
|$40k - $80k||0|
About Canadian Charity Impact Fund:
The Canadian Charity Impact Fund (CCIF) is a pool of 10 diverse high-impact charities helping Canadians in need. The fund was put together by Charity Intelligence (Ci) using social return on investment analysis to measure the amount of social value created by charities per dollar donated. Charity Intelligence is carrying out this analysis with its proven program evaluation partner, Success Markets, Inc (SMI).
The charities in the CCIF provide the highest overall value for Canadians in need from a group of excellent charities that Ci and SMI have analyzed in detail. For every $1 donated to the CCIF, the 10 charities are expected to produce at least $9 in social value with the potential of $15 or more, compared to an estimated $2 for an average charity.
The charities in the CCIF include: Boundless School, Calgary Food Bank, Eva's Initiatives, East York Learning Experience, Fresh Start Recovery, Fort York Food Bank, Inn from the Cold Society, Second Harvest, Youth Fusion, and Youth Without Shelter.
For more information on the fund or to donate to the CCIF, please visit www.charityintelligence.ca/canadian-charity-impact-fund
The 10 charities in the CCIF had total 2014 revenue of $85.4m, including $49.2m in donated goods. Donations make up 66% of total revenues, excluding donated goods, while government funding accounts for 25%. Overall administrative costs for the CCIF charities are 5% of total revenues and fundraising costs are 12% of donations (excluding donated goods in kind) or 4% including goods in kind. Total funding reserves of $15.6m cover only 21% of annual program costs.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||4.8%||5.0%||4.0%|
|Fundraising costs as % of donations||12.4%||14.2%||13.1%|
|Program cost coverage (%)||21.4%||15.5%||20.2%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||49,166||44,976||44,938|
|Fees for service||1,890||1,723||1,288|
|Business activities (net)||233||375||427|
|Cash flow from operations||5,122||2,506||4,148|