Canadian Blood Services
Ottawa, ON K1G 4J5
CEO: Dr. Graham D. Sher
Board Chair: Leah Hollins
Charitable Reg. #: 87015 7641 RR0001
Grade: AThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #2,633
Avg. Compensation $80,877
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Canadian Blood Services:
Canadian Blood Services is a national charity that manages the blood supply of all of Canada’s provinces and territories excluding Quebec. It was founded in 1998, succeeding the Red Cross blood program on the recommendation of the Krever commission. Canadian Blood Services also manages the OneMatch Stem Cell and Marrow Network, manages patient registries and practices for organ and tissue donation and transplantation, and conducts leading-edge research in transfusion and transplantation medicine.
Canadian Blood Services' blood program collects blood from Canadians and distributes it to the provincial health agencies from every province. Blood donations are used in many medical procedures such as treating cancer patients and helping accident victims. Canadian Blood Services received blood from 387,515 Canadians over the past year. It reports that every year, it needs approximately 100,000 new donors to maintain their blood supply.
Canadian Blood Services has a strong focus on stem cells, which they offer as both a biologics product line and the focus of the national donor registry. Stem cell transplants are used to treat more than 80 blood-related diseases and disorders such as congenital heart disease or Type 1 diabetes. Its OneMatch Stem Cell and Marrow Network had 382,222 registrants at the end of March of 2016. It reports that every day, nearly 1,000 Canadian patients wait for stem cell donations to help alleviate their health challenges. In 2015, it established a public cord blood bank, which supports the stem cell bank by collecting and storing donations of umbilical cord blood, 41% of monetary donations in F2016 supported the cord blood bank.
Canadian Blood Services' plasma supply is an issue that it seeks to address in the coming years with the growing demand for plasma protein products. In F2016, roughly 83% of plasma distributed for use in Canada was obtained from American paid donors. Canadian Blood Services seeks to reduce reliance on external sources and aims to triple the amount of plasma it collects by establishing plasma collection sites across the country.
Canadian Blood Services is considered a small-cap charity with monetary donations of $2.8m in F2016 with 98% of revenues coming from government sources. The charity’s administrative costs are 11% of revenues and fundraising costs are 32% of donations, excluding the value of blood donations. For every dollar donated, 57 cents goes towards the charity’s programs, falling outside of Ci’s reasonable range. Canadian Blood Services has funding reserves of $105m which can cover programs for just over a month.
This charity report is being reviewed by Canadian Blood Services. Changes and edits may be forthcoming.
Updated on August 3, 2017 by Josh Lam.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||10.7%||11.2%||11.8%|
|Fundraising costs as % of donations||32.3%||17.1%||25.4%|
|Program cost coverage (%)||10.5%||16.6%||20.5%|
Summary Financial StatementsAll figures in $000s
|Fees for service||13,698||11,413||12,536|
|Cash flow from operations||14,252||3,731||3,195|