Canadian Hearing Society

271 Spadina Road
Toronto, ON M5R 2V3
President & CEO: Julia Dumanian
Board Chair: Timothy Andrade

Charitable Reg. #: 10684 6926 RR0001
Sector: Health
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

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #242

Avg. Compensation $50,329

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 6
$80k - $120k 4
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Canadian Hearing Society:

Founded in 1940, the Canadian Hearing Society (CHS) aims to provide services, products and information that remove barriers to communication, advance hearing health, and promote equity. Its vision is “A society where people are respected, have full access to communication, and are able to participate without social, economic or emotional barriers.”

The Canadian Hearing Society’s accessibility services provide advice and communication solutions to help make homes, schools, workplaces and facilities accessible. In F2015, CHS worked with 13 school boards to ensure that students with hearing loss have the necessary FM or soundfield equipment in class.

The Canadian Hearing Society’s counselling services support culturally deaf, oral deaf, deafened and hard of hearing individuals and families across Ontario. In F2015, CHS served 7,400 clients through this program.

CHS’s educational programs teach English, literacy, and basic daily living skills to its clients. It also provides sign language classes for the public. In F2015, 142 CHS staff took part in the American Sign Language Proficiency Program, aiming to better serve their clients.

CHS’s employment services helps individuals find a job, and works with employees and employers to ensure that there is enough support in place at work. In F2015, CHS placed 252 people in jobs across Ontario.

Finally, CHS offers hearing healthcare, with services including hearing testing, hearing aids, tinnitus consultations (for those experiencing ringing or buzzing in the ears) and more.  In F2015, CHS provided double the number of tinnitus consultations compared with F2014.

Financial Review:

Canadian Hearing Society is a medium-sized charity, with donations of $4.7m in F2015. 66% of its revenues is generated from government funding, totalling $21.1m in F2015. Its administrative costs are 9% of revenues have stay constant and its fundraising costs are 15% of donations. Its fundraising costs are 8% lower than in F2013 due to increased donations with relatively stable fundraising costs. For every $1 donated to the charity, 75 cents is put towards its programs, falling within Ci's reasonable range. Canadian Hearing Society’s funding reserves of $5.7m includes $497k in donor-endowed funds. This results in a program cost coverage ratio (excluding donor-endowed funds) of 19%. This means that the charity can run 2.3 months of its current programs using its reserves, indicating a need for donations.

This charity report is being reviewed by Canadian Hearing Society. Changes and edits may be forthcoming.

Created on May 26, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 9.3%9.5%10.1%
Fundraising costs as % of donations 15.4%19.7%23.5%
Program cost coverage (%) 21.2%12.3%19.5%

Summary Financial Statements

All figures in $000s
Donations 4,7223,3463,149
Government funding 21,13021,67820,737
Business activities (net) 5,9845,8446,176
Investment income 12611894
Total revenues 31,96230,98630,155
Program costs 26,89828,50026,833
Administrative costs 2,9542,9463,020
Fundraising costs 727659740
Cash flow from operations 1,383(1,118)(437)
Funding reserves 5,7013,5055,241
Note: The 2014 financial statements in the F2015 statements do not match the numbers reported in the F2014 statements. Ci has used the 2014 numbers reported in the F2015 statements, and the 2013 numbers reported in the F2014 statements. Ci has adjusted gain on sale of equipment and cost of sales affecting revenues by ($3.6m) in F2015, by ($3.5m) in F2014, and by ($4.5m) in F2013. Ci has adjusted cost of sales, amortization of property, plant and equipment, and bad debts affecting expenses by ($3.7m) in F2015, by ($3.6m) in F2014, and by ($4.6m) in F2013.

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