Ronald McDonald House Charities Manitoba
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
B
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
81%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 81 cents are available for programs.
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OVERVIEW
About Ronald McDonald House Charities Manitoba:
Ronald McDonald House Charities Manitoba is a 1-star charity that is not financially transparent. It has an average results reporting grade of B and Low demonstrated impact. For every dollar donated, 80 cents are available to go to the cause. Read Ci’s report on Ronald McDonald House Charities Manitoba before giving.
Founded in 1984, Ronald McDonald House Charities Manitoba (RMHM) provides affordable accommodation for families with sick children who must travel to receive medical care at hospitals in Winnipeg. The charity is formally known as the Pediatric Oncology Family Centre of Manitoba inc. RMHM is one of 16 Ronald McDonald House Chapters in Canada that operate 16 Ronald McDonald Houses and 18 Family Rooms across the country. In 2023, RMHM reports serving 292 communities and 1,327 families with its two programs: House and Family Room. In 2023, RMHM spent $1.2m on these programs. RMHM did not provide a spending breakdown for its programs.
House was the majority of program spending. RMHM opened a new Ronald McDonald House in September 2022. The new house increased its square feet from 11,000 to 60,000 and bedrooms from 14 to 40.
The other program costs went toward the Family Room. RMHM’s Family Room is a 3,500-square-foot space inside HSC Children’s Hospital. The Family Room has three bedrooms available for families with the most critical needs.
In 2023, RMHM provided 10,929 nights of accommodation in both its House and Family Room. This is a 103% increase compared to the 5,380 nights of accommodation provided in 2022.
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Results and Impact
In 2023, Royal Bank of Canada (RBC) conducted an economic impact study. The report stated that Ronald McDonald House Charities Manitoba saved Canadian families a total of $3,391,195 million on out-of-pocket expenses. This is a nightly average of around $254 of savings, and a 140% increase compared to the previous economic impact study report, due to the construction of the new House. This is a savings of $1.13 per $1 spent by the charity in 2023 (including amortization
While Ci highlights these key results, they may not be a complete representation of RMHM’s results and impact.
Charity Intelligence has given Ronald McDonald House Charities a Low rating based on demonstrated impact per dollar.
Impact Rating: Low
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Finances
Ronald McDonald House Charities Manitoba is not financially transparent. Financial statements are only available upon request.
In 2023, Ronald McDonald House Charities Manitoba received $3.8m in donations and special events revenue. This is a 5% decrease compared to the $4.1m received in 2022. Administrative costs are 15% of revenues (less investment income) and fundraising costs are 4% of donations. For every dollar donated, 80 cents are available to go towards the cause which is within Ci’s reasonable range. RMHM spent $1.2m on its programs which represents 28% of total revenue (excluding goods in kind). Including program costs and capital expenditures, the charity spent $1.9m or 45% of total revenue.
RMHM has $4.3m in reserve funds, which can cover three years and six months of its annual program costs.
Profile updated on July 26, 2024 by Abby Stout.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 15.2% | 6.1% | 1.8% |
| Fundraising costs as % of donations | 4.3% | 5.2% | 3.3% |
| Total overhead spending | 19.5% | 11.2% | 5.1% |
| Program cost coverage (%) | 352.1% | 538.1% | 1,745.0% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 3,014,174 | 3,275,705 | 11,268,670 |
| Goods in kind | 299,585 | 698,177 | 303,183 |
| Business activities (net) | 29,150 | 130,054 | 78,700 |
| Special events | 829,592 | 788,517 | 666,339 |
| Investment income | 252,679 | (174,006) | 287,092 |
| Other income | 130,313 | 1,231,696 | 222,173 |
| Total revenues | 4,555,493 | 5,950,143 | 12,826,157 |
| Program costs | 1,207,204 | 517,457 | 565,913 |
| Donated goods exp | 299,585 | 698,177 | 303,183 |
| Administrative costs | 653,399 | 371,014 | 229,344 |
| Fundraising costs | 165,345 | 210,709 | 395,911 |
| Other costs | 140,501 | 127,441 | 95,050 |
| Total spending | 2,466,033 | 1,924,799 | 1,589,401 |
| Cash flow from operations | 2,089,460 | 4,025,344 | 11,236,756 |
| Capital spending | 671,505 | 8,456,510 | 8,133,840 |
| Funding reserves | 4,250,794 | 2,784,506 | 9,875,069 |
Note: DEFERRED REVENUE: To report on a cash basis, Ci included deferred revenue. This impacted revenue by ($17k) in 2023, $102k in 2022, and $25k in 2021. GOODS IN KIND: Ci included goods in kind and removed the amounts from donations, fundraising, and program costs. INVESTMENT INCOME: Ci included investment income, impacting revenues by $253k in 2023, ($174k) in 2022, and ($287k) in 2021. CRA FILING: RMHM’s 2023 T3010 filing was not available at the time of this review. Ci provided information from the charity’s 2022 T3010 filing for compensation instead.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
0 |
$40k - $80k |
9 |
< $40k |
0 |
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: 204-774-4777