STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
B+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
74%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 74 cents are available for programs.
My anchor
Programs
About Our Place:
Established in 1967 as a soup kitchen, today Our Place has a mission to “offer Greater Victoria’s most vulnerable citizens a place to call their own, where we live, share and grow together”. Our Place serves as a safe space for the vulnerable members of Victoria, B.C. to eat, shower, and receive clothing. The charity operates a 50-bed Extreme Weather Response shelter in downtown Victoria. The building also has 45 transitional housing units, 2 of which are dedicated to short-term housing for people waiting for a spot in a detoxification or rehabilitation program.
Covid-19 response:
Our Place operates over 60 programs in education, health and wellness, housing, meals, drop-in and outreach services. In F2019, Our Place provided 14,508 hot showers, 375 haircuts, and 228 footbaths through its health and wellness programs. In addition, the shelter provided 968 medical referrals and 72 detox and treatment referrals. Our Place’s meal programs served 422,862 meals and 467,600 snacks in F2019. Outreach and drop-in services include a mail and messaging centre for over 400 clients without a fixed address. In F2019, Our Place provided 1,995 one-on-one sessions with outreach workers, resulting in 631 housing advocacy referrals, 372 employment referrals, 127 legal referrals, and 322 financial support grants.
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Finances
Our Place is a medium-sized charity with $3.9m in donations in F2019. The shelter received an additional $5.2m in government funding and $271k in rent payments from tenants in Our Place’s transitional housing program. Administrative costs are 11% of revenues and fundraising costs are 15% of donations. For every $1 donated, 74 cents go towards Our Place’s programs. This is within Charity Intelligence’s reasonable range for overhead spending. Our Place has funding reserves of $9.0m which can cover 1.2 years of program costs.
This report is an update that has been sent to Our Place Society for review. Changes and edits may be forthcoming.
Updated on August 1, 2019 by Caroline McKenna.
Financial Review
Fiscal year ending March
|
2019 | 2018 | 2017 |
---|---|---|---|
Administrative costs as % of revenues | 11.5% | 10.5% | 9.8% |
Fundraising costs as % of donations | 14.8% | 12.5% | 14.1% |
Total overhead spending | 26.3% | 23.0% | 24.0% |
Program cost coverage (%) | 122.1% | 52.3% | 47.4% |
Summary Financial StatementsAll figures in $000s |
2019 | 2018 | 2017 |
---|---|---|---|
Donations | 3,913 | 4,049 | 3,278 |
Government funding | 5,214 | 5,232 | 5,175 |
Fees for service | 271 | 424 | 300 |
Investment income | 119 | 66 | 13 |
Other income | 16 | 30 | 19 |
Total revenues | 9,534 | 9,802 | 8,784 |
Program costs | 7,344 | 7,253 | 7,151 |
Administrative costs | 1,080 | 1,025 | 861 |
Fundraising costs | 579 | 504 | 463 |
Other costs | 0 | 0 | 0 |
Total spending | 9,003 | 8,782 | 8,475 |
Cash flow from operations | 530 | 1,019 | 310 |
Capital spending | 542 | 128 | 22 |
Funding reserves | 8,968 | 3,795 | 3,388 |
Note: Ci did not include amortization of deferred capital contributions, decreasing revenues by $406k in F2019, $378k in F2018, and $356k in F2017.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
1 |
$40k - $80k |
8 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (250) 388-7112