Belleville General Hospital Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
C
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.
68%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 68 cents are available for programs.
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OVERVIEW
About Belleville General Hospital Foundation:
Belleville General Hospital Foundation is a 1-star rated charity. It has a below average results reporting grade of C. For every dollar donated, 68 cents are available to go towards the cause. Its reserve funds can cover seven years of annual program costs. Please read Charity Intelligence’s report before donating.
Registered in 1979, Belleville General Hospital Foundation (BGHF) is a charity that raises money for Quinte Healthcare Corporation. Quinte Healthcare Corporation is a healthcare network that consists of four hospitals: Belleville General Hospital, North Hastings Hospital, Prince Edward County Memorial Hospital and Trenton Memorial Hospital. In 2023, BGHF granted $1.4m to Quinte Healthcare Corporation. Most of this money went towards patient care and equipment.
Belleville General Hospital Foundation has six main areas of patient care: Cancer Care, Cardiology & Cardiac Care, Diagnostics & Laboratory, Emergency & Trauma Care, Maternity & Pediatrics, and Mental Health. In 2022 (the most recent data available at the time of this update), Belleville General Hospital (BGH) reported 20,347 oncology visits, 31,494 diagnostic radiology visits, and 40,056 emergency visits. It also reports having 10,722 inpatients and 1,345 babies born.
To provide efficient, high-quality care, BGHF funds up-to-date equipment. In 2022 BGHF provided Belleville General Hospital with funds to upgrade its equipment and improve patient care. Some purchases were: two vital signs monitors ($8,511), two ultrasound systems ($352,539), and one endoscopy tower & colonoscope ($59,474).
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Results and Impact
Ci found that BGHF reported many stories but no quantified data on its impact. This may not be a complete representation of Belleville General Hospital Foundation’s results and impact.
This charity is not yet rated on impact (n/r).
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Finances
In 2023, BGHF received $5.4m in donations and special events revenue, up 39% from $3.9m received in 2022. In 2023, the charity also earned $1.0m in investment income (16% of total revenues), representing a 13% investment return.
Combined administrative and fundraising costs are 32% of revenues. For every dollar donated, 68 cents are available to go towards the cause. This is within Ci’s reasonable range for overhead spending. In 2023, BGHF granted $1.4m which represents 21% of total revenues.
Belleville General Hospital Foundation has reserve funds of $13.2m, of which $5.7m are donor endowed. Excluding the donor-endowed funds, BGHF’s current reserve funds can cover seven years of annual granting. Belleville General Hospital Foundation has commitments of $2.7m to Belleville General and $2.7m to North Hastings. To date, BGHF has transferred $950k and $2.5m respectively.
Profile updated on July 17, 2024 by Abby Stout.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Fundraising & admin costs as % of revenues | 31.9% | 0.3% | 0.3% |
| Total overhead spending | 31.9% | 36.3% | 33.4% |
| Program cost coverage (%) | 700.0% | 464.5% | 454.0% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 4,378 | 2,807 | 1,741 |
| Special events | 1,015 | 1,074 | 930 |
| Investment income | 1,032 | (870) | 1,127 |
| Total revenues | 6,425 | 3,011 | 3,798 |
| Grants | 1,362 | 1,282 | 1,446 |
| Fundraising & administrative costs | 1,722 | 1,408 | 891 |
| Total spending | 3,084 | 2,690 | 2,337 |
| Cash flow from operations | 3,341 | 321 | 1,461 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 13,242 | 9,738 | 9,426 |
Note: INVESTMENT INCOME: Ci reported investment income (loss), net of investment account fees. This reduced total revenues and expenses by $68k in 2023, $67k in 2022, and $55k in 2021. PAYABLE TO QUINTE: Ci adjusted for the change in amounts payable to Quinte Hospital. This impacted total revenues by ($840k) in 2023, ($749k) in 2022, and ($144k) in 2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
0 |
$40k - $80k |
5 |
< $40k |
1 |
Information from most recent CRA Charities Directorate filings for F2022
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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: (613) 969-7400 x2061